Market Overview
Stock investors always want to find potential stocks to invest in, but choosing and managing an investment portfolio is not easy. Especially in the context of the volatile and unpredictable stock market, finding potential stocks with low risk is necessary.
In the trading session on July 17, the VN-Index increased sharply, surpassing the peak of 1,280 points, reaching the highest level in the past 3 months. This shows the positivity of the Vietnamese stock market, and the upward trend may continue in the coming time.
On July 17, the stock market continued to have positive developments when the VN-Index grew strongly, reaching its highest level in the past 3 months. So, in this context, which stocks are worth paying attention to and have attractive investment opportunities on July 17? Let's analyze and share useful information with HVA to find out which stocks to pay attention to on July 17.
Stock market report July 17
Forecasts for the upcoming trading session show that the market may continue to maintain an upward trend with support from large capital flows. Stocks in potential sectors such as Real Estate, Information Technology, Healthcare and Pharmaceuticals may have growth opportunities.
In addition, the increase in income and consumer demand of the people is also an important factor creating momentum for the growth of the stock market. From there, businesses operating in the retail, service and consumer production sectors can benefit and become potential stocks on July 17.
Top 5 potential stocks on July 17: In-depth analysis report
Securities companies have released analysis reports on outstanding and potential stocks in the stock market on July 17. Below are the top 5 stocks that are considered to have potential and should be monitored in the trading session on July 17:
1. HVA Stock – Bluechip potential
In the trading session on July 17, the stock market may continue to fluctuate positively with fluctuations in the main indices. Bluechips and midcap stocks are expected to attract investors' attention and have the potential to increase in price. In particular, HVA shares of HVA Investment Joint Stock Company, a member of FUNDGO Creative Startup Investment Fund, operating in the field of investment and technology, will be one of the stocks that will benefit the most from the upcoming strong growth trend.
HVA Upcom-index technical chart.
2. STB shares – Potential from public investment
Saigon Thuong Tin Trading and Construction Joint Stock Company (STB) is also assessed to have potential and is in the accumulation phase. According to Dau Tu Chung Khoan Newspaper, STB will benefit from public investment projects and technological innovation in the third and fourth quarters of 2020.
In particular, divestment from subsidiaries and joint ventures of STB is also considered a positive factor creating momentum for the company's future development. Therefore, STB shares may be an attractive option for investors on July 17.
STB VN-Index technical chart.
3. HPG Stock – Accumulating
Hoa Phat Group (HPG) shares are also assessed by securities companies as having potential and are in the accumulation phase. According to Securities Investment Newspaper, HPG has been implementing many new projects and has plans to expand production in the near future.
In addition, increasing exports and developing large-scale projects are also positive factors for HPG's future growth. Therefore, this stock can also be an attractive choice on July 17.
4. VNM Stock – In the accumulation phase
According to Dau Tu Chung Khoan Newspaper, VNM shares of Vietnam Dairy Products Joint Stock Company (VNM) are in the accumulation phase and are likely to grow in the near future. This is believed to be due to VNM having a solid financial foundation and high business efficiency.
In addition, production expansion and market expansion are also positive factors for VNM's future development. Therefore, this stock is assessed to have growth potential and can be included in the investment list on July 17.
VN-Index technical chart of VNM.
5. EIB stock – Potential from Q2 business results
Finally, shares of Vietnam Export Import Commercial Joint Stock Bank (EIB) are also assessed to have potential and should be monitored on July 17. According to investors, EIB's second quarter business results will continue to maintain good growth, thanks to credit support for small and medium enterprises.
In addition, digital transformation and expansion of e-banking services are also important factors for EIB's future development. Therefore, EIB shares could be one of the potential options for investors on July 17.
Above are the top 5 stocks that are considered to have potential and should be monitored in the trading session on July 17. Investors need to carefully consider information and indexes to make reasonable and effective investment decisions.
EIB VN-Index technical chart.
Above are some information and comments on the stock market on July 17. Grasping information, analyzing trends and assessing opportunities and challenges will help investors have an overview and make effective investment decisions. At the same time, applying technical analysis and monitoring published information will help investors optimize profits and minimize risks in stock investment. Wishing investors success on the path of stock investment!
