Start stock picking, says DNH Financial

DNH Financial said yesterday that with indices down, the time was ideal for investors to start stocking picking in anticipation of a re-rating.

“While the market has been increasingly searching for direction over the last couple of days, characterised by tight range bound trading, we believe that this provides the ideal opportunity for investors to commence their stock picking in anticipation of a re-rating,” DNH said.

“In this respect, we reiterate the need to buy quality companies with sustainable revenue growth, good margins and robust earnings that will benefit fully from the current domestic economic upswing,” it added.

source - www.ft.lk