3 STOCKS to BUY NOW... Foreign investors turned into net buyers

On Tuesday, foreign investors turned into net buyer of RM133m and KLCI stay strong above 1770 points. It is the local institutional (net sell RM62m) and local retail (net sell RM71m).

Usually, foreign investor are regarded as "smart money". Hence, this may be the time to BUY again.

These are 3 stocks I am looking at:

1. HAIO (Target RM2.85-RM2.90)
>>Should announce full year result soon before end-of June. With 9M13 net profit already growing 51% YoY to RM37.3m, the full year FY13 net income should be growing very good.
>> What to do? I think this stock can increase up to RM2.85 - RM2.90 level.
>> For reference purpose, Affin is valuing HAIO at RM2.98 while Kenanga is valuing it at RM2.90.

2. YEELEE (Target RM1.50)
>> I have written about this Company's 1Q13 result previously which grow more than 100% YoY.
>> Despite the good result, the share price has not move much. Meanwhile, Spritzer has increased a lot (>15%) within the same period.
>> Valuation is attractive as this Company is one of the few consumer stocks with PE below 10.
>> What to do? I think this stock can increase closer to RM1.50.

3. MAS (Target RM0.34-RM0.35) WARNING: Only for daredevil
>> Nothing much to talk about on this Company fundamental.
>> But due to its strong backing from government, I think this stock unlikely to fall below RM0.30.
>> Technical RSI is only 33 now (very close to oversold level of 30).
>> Expect small rebound to RM0.34-RM0.35 in the next 1 month. Once hit, take profit fast.