Several stocks listed in Singapore are hitting new peaks, driven by robust earnings, stronger fundamentals, or renewed investor confidence.
However, buying stocks at their highest levels can feel risky.
Investors are often concerned about overpaying or entering the market too late.
Here, we look at three Singapore stocks that have recently hit new highs to assess their current investment potential.
OCBC
Oversea-Chinese Banking Corporation (OCBC) has seen its stock prices surge toward a 52-week high of S$18.80, trading between S$18.12 and S$18.30 in late November 2025.
Being one of Singapore’s top three banks, OCBC benefits from diversified operations across retail, corporate banking, and wealth management. This has enabled consistent performance, despite pressure on interest margins.
The bank reported a net profit of S$1.98 billion in 3Q2025, unchanged from the previous year. For the first nine months of 2025, net profit was S$5.68 billion, down 4% YoY.
The net interest margin (NIM) dropped to 1.84% for the quarter, with a 9-month average of 1.93%, reflecting ongoing margin pressures as interest rates stabilize.
However, better-than-expected non-interest income from wealth management inflows and contributions from its insurance arm, Great Eastern, provided some offset to NIM pressures.
Investors continue to enjoy strong dividends, with the 1H2025 interim payout of S$0.41 per share resulting in an annualized yield of 4.5%.
OCBC's balance sheet remains robust, with a low non-performing loan ratio of around 0.9% and strong CET1 capital levels.
Nonetheless, the NIM could continue to decline in a falling interest rate environment, which may lead to earnings normalization after several years of strong growth.
OCBC offers a blend of stable income and reliability. Its diversified business lines, strong balance sheet, and steady dividends make it attractive for income-focused investors.
However, for growth-oriented investors, the outlook for interest margins will be crucial.
iFast Corporation
iFAST Corporation, a leading wealth-management fintech platform operating in Singapore, Hong Kong, and Malaysia, is approaching a 52-week high of S$9.99, trading around S$9.00 in late November 2025.
The stock's robust performance is driven by rising assets under administration (AUA) and recurring fee income, along with strategic initiatives such as the Hong Kong eMPF rollout and digital banking expansion.
The company's 3Q2025 results showed strong growth, with gross revenue reaching S$135.82 million (up 37% YoY) and net profit at S$26.01 million (up 54.7% YoY).
For the first nine months of 2025, net profit totaled S$67.15 million, up 41.8% YoY.
AUA grew by 29.6% YoY to S$30.62 billion as of 30 September 2025, bolstered by strong net inflows and profitability in iFAST Global Bank for the fourth consecutive quarter in 3Q2025.
Investors still see returns, though modest relative to the share price, with interim dividends throughout 2025 bringing year-to-date payouts to S$0.059, implying a yield of approximately 0.7%.
The company has guided for FY2025 dividends of at least S$0.082 per share.
iFAST maintains a healthy balance sheet with a net cash position and strong capital and liquidity ratios, well above regulatory requirements.
The 3Q2025 revenue and profit beat expectations, driven by factors like the Hong Kong ePension project, platform fees, and iFAST Global Bank's profitability, boosting investor confidence and leading analysts to raise their forecasts.
iFAST presents high growth potential in digital wealth management, supported by a scalable business model and favorable secular trends.
However, investors need to consider execution risks for new initiatives like eMPF, regulatory aspects, and its high valuation.
The stock is ideal for growth-oriented investors who can tolerate some volatility while capitalizing on the fintech’s expansion trajectory.
SBS Transit
SBS Transit’s share price has been advancing towards S$3.17 in late November 2025, nearing its 52-week high of S$3.40 achieved in September 2025.
The recovery in ridership post-pandemic, improvement in operating margins, and stable revenue visibility thanks to government contracts have boosted investor confidence.
As Singapore’s leading public transport operator, SBS Transit reported 1H2025 revenue of S$745.9 million, down 4.5% YoY, while net profit stood at S$31.1 million, a decrease of 7.7% YoY.
Average daily ridership on its rail network continues to rise.
The North East Line saw a 2.4% increase to 593,000 passenger trips.
The Downtown Line edged up 1.0% to 463,000 trips, and the Sengkang Punggol LRT climbed to 157,000 trips.
Commercial revenue increased by 11.9% YoY in 1H2025, although bus revenue was impacted by the loss of the Jurong West bus package.
The company also lost the Tampines Bus Package tender in September 2025, with the transition set for July 2026, presenting another headwind for bus revenue.
SBS Transit offers stable income for investors.
The 1H2025 interim dividend of S$0.0895 per share implies an annualized yield of around 5% to 6%, backed by a net cash position of S$340.8 million as of 30 June 2025.
SBS Transit represents a low-volatility investment focusing on income.
The stability of cash flow and consistent dividends make it appealing as a defensive investment, supported by ridership recovery potential.
Risks include rising manpower and energy costs, capped regulated returns, and recent losses on bus packages. While growth is modest, predictability remains high.
Implications of New Highs for Investors
A stock hitting a new high can signal strength rather than overvaluation.
In prolonged upward trends, stocks can reach multiple new highs as businesses expand, improve margins, and compound earnings.
Investors should focus on fundamentals like revenue growth, profitability, dividend consistency, and operational efficiency rather than just the price.
A key question for long-term investors is whether the company is improving and creating sustainable value.
A rising stock price often reflects investor confidence in a well-executing business, and staying invested through these uptrends can reward those who look beyond short-term market noise.
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