Singtel, the once-upon-a-time telco monopoly, has garnered a respectable ~30% rally YTD after some positive news. We believe two key factors are fueling this rally. Firstly, Singtel is showing very promising earnings growth, with increased profit for Q1 2025 compared to a huge profit drop in FY 2024. This signals an increase in the efficiency […]
The post Singtel up 30%: Why are Telco stocks on fire, more gains ahead? first appeared on Dr Wealth.
