With this recent market turmoil where we see indexes and companies share prices declining approximately 10% each day, how many of us are going on a shopping spree?
If you are interested in understanding more of my thoughts on the recent market turmoil, I have discussed it in the last article – The Perfect Storm, How Should One Handle This Crisis.
Now, back to the key topic.
With companies share prices dropping every other day, I am quite sure many of us would be confused where to really start looking for bargains as well. After all, it is only natural for us to want to be getting the biggest bargains in the market.
During Chinese New Year, I compiled a list of stocks listed on the Hong Kong Exchange (Hong Kong Companies and H-Shares) and on the US Stock Exchanges (Chinese ADRs), that have declined more than 15% since 17th January 2020 and shared it with my subscribers.
Given the popularity of that list, I have decided to once again compile a list of stocks that have fallen from 17th January 2020 till today. I have increased the search parameters to include the following:
- Geographies include Singapore, Hong Kong and USA
- Stock prices that have fallen more than 20%
- Stock’s whose market capitalisation is more than US$100million
Below are 5 ideas that I deem interesting from the list of over 3,000 stocks.
- Wharf Holdings: -38.3%
- Oversea-Chinese Banking Corporation (OCBC): -26.4%
- United Overseas Bank (UOB): -31.1%
- Delta Air: -47.2%
- Facebook: -32.3%
Those interested in getting your hands on the full list of potential stocks, do leave your name and email in this google document link below and I will sent it to you guys via email!
Additionally, for those interested in more specific investment idea case studies that I have written on, InvestingNook ValueScreener was created for just that purpose! Those who have missed out on the past case studies, do not fret! The recent pullback in the markets have made our past case studies we presented, trade at compelling valuations once more! To sweeten things further, we will be sharing a 20% discount code to investors who have indicated interest in receiving the list of potential stocks above! For more information of our InvestingNook ValueScreener, you may check it out here.