Top 5 Long-term Investments Stocks in Malaysia 2023

When securities, stocks, and shares are held for more than a year they are called Long-term Investments. However, the long-term investment stocks extend to a span of 3 years, 5 years, or 10 years. A company’s balance sheet represents its long-term investments on the asset side of the balance sheet. If you are looking for the top 5 long-term investments stocks in Malaysia for investing in 2023, we are here with the recommendations.

The economy is quite unstable with this pandemic hitting us hard. The impact created by this pandemic has reached the stock markets too. Many companies have recorded lower revenues. But few other companies have gathered themselves up and started to perform better to gather gains in the new normal. The economy is slowly recovering and all investors are turning to be more cautious with their investments. As the pandemic is ongoing, there are huge possibilities for the stock market to remain unstable.

 The investors are in the search of stocks that are performing best in this new normal. They hunt for safe stocks so they can be certain which stocks can earn profits. Investors should concentrate on selected stocks in the new normal to gain profit.

 Industries gaining a stand in the new normal:

Healthcare industries are booming since the spread of the pandemic. Medical products are essential in this pandemic situation. Health facilities continue to deliver essential health services in this pandemic. As people are experiencing a higher risk of health and illness, medical infrastructure has sustained the demands on public health and health systems. Many companies have entered the medical industry. They either manufacture or act as retailers for medical products. Investing in such medical-related companies is the right choice to make.

The technology sector is also gaining importance as online platforms are part of life in the new normal. Most of the people have moved to online facilities for education, purchase of household food necessities, making business transactions, and banking. Many companies have entered the technology market. Investing in such technology-related companies is another right choice to make. Tourism and aviation companies are slowly recovering from their stand from the pandemic.

Stocks gaining profit:

There are quite a few companies, whose stocks are gaining profits in the new normal. To understand their trends of movement, you should notice and monitor the gaining and losing of the stocks by the company.

 Top 5 Long-term Investments Stocks in Malaysia 2023:

Below are the top 5 long-term investment stocks in Malaysia which can be invested in 2023.

1.   Scientex Berhad:

Scientex aims towards unceasing progress across the economic, social and environmental spectrum of the nation. They are continuously paying out dividend payments despite this pandemic. Scientex has registered an impressive rise within the global and county-level packaging industry.

 2.    Hartalega Holdings Berhad:

Hartalega Holdings Berhad is a company that holds investments. Latex gloves are their main field of business. They are into manufacturing and selling Latex gloves. With this pandemic, the increase in sales of medical products has tremendously increased to the next levels.

3.         Solarvest Holdings Berhad

Solarvest is into generating renewable energy & they have been promoting solar energy adoption in the new world.

4.         Hengyuan Refining Company Berhad

Hengyuan Refining Company Berhad is a Petroleum and Coal Products Manufacturing company. The oil and gas industry has sustained its existence in the new world.

5.         Frontken Corporation Berhad

The Frontkent is an important provider of support services. The semiconductor industry, surface conduct, and mechanical engineering resolutions are the wide range of industries dealt by them.

As a newbie investor, investigate each decision carefully before investing. Possessing great decision-making skills is an added advantage to make you a great and successful investor.