Stockmeter: Recommended Stock Picks

Given the current low valuations, we are of the believe that long-term investors should gradually take positions in the market. The market is currently trading at a price to earnings ratio of 11.47x, versus a historical average of 13.8x, with a dividend yield of 4.5% versus a historical average of 3.4%.

This week our stock recommendations are:

• KenolKobil Ltd
• Kenya Power Ltd
• The Co-operative Bank of Kenya
• KCB Group Ltd
• Kenya Reinsurance Ltd
• Centum Investments Ltd.

See the image below for a more in-depth look at our stock picks.