STI Hits 5,000. 3 Blue Chips I Will Still Buy

The Straits Times Index (SGX: ^STI) recently breached new highs, past the 5,000 level, before reversing down.With the index near fresh highs, investors are confronted with the old, so familiar feeling of the fear of missing out (FOMO); is it too late to buy stocks now?History shows that when indexes make new highs, further gains usually follow suit. However, fresh highs also mean elevated valuations; your individual stock selection now matters more than ever.  In this article, we take a look at three compan ...