Welcome to the inaugural edition of LBRD’s Top 10 Stock Picks of the Week — a new weekly column where we select ten stocks across the US and Singapore markets that we believe offer compelling opportunities for the week ahead. Every Sunday, we will review how our previous picks performed before presenting fresh selections. Since this is our first edition, we dive straight into the picks for the week of 14–18 April 2026.
Market Context for the Week Ahead
Markets are entering the new week with strong momentum — the S&P 500 posted its best weekly gain since November (+3.6%), largely driven by the US-Iran ceasefire. However, uncertainty abounds: the ceasefire is only two weeks long, US earnings season is ramping up, and China’s Q1 GDP data drops this week. Volatility is likely, which creates opportunity for nimble investors.
For our Singapore readers, the MAS policy outlook and SORA rate trajectory remain critical for bank stocks and REITs. We have weighted our picks toward sectors and themes we believe will outperform in this specific macro environment.
Top 10 Stock Picks — Week of 14–18 April 2026
1. Nvidia (NVDA) — US$176.50
Direction: Bullish | Target: US$190 | Stop Loss: US$167
Rationale: Nvidia remains the undisputed leader in AI infrastructure. Q4 fiscal 2026 results smashed estimates with revenue of US$68.13 billion (+75% YoY in data centre). The stock is up 5% YTD and outperforming all megacap peers. With Amazon committing US$200 billion to capital expenditure (much of it flowing to Nvidia GPUs via AWS), demand visibility is exceptional.
Technical View: NVDA bounced strongly off its 50-day MA at US$168 during last week’s rally. RSI is at 55, with room to run toward the US$190 resistance level from February.
Risk Factors: Any escalation of US-China chip export restrictions. Ceasefire breakdown could trigger risk-off rotation out of growth stocks.
2. DBS Group (SGX: D05) — S$55.00
Direction: Bullish | Target: S$58.50 | Stop Loss: S$52.50
Rationale: Singapore’s largest bank offers a compelling 5.9% forward dividend yield. Analysts maintain ‘buy’ ratings, and STI earnings growth is projected at 8.8% for 2026. DBS is the most direct play on Southeast Asian economic growth and rising digital banking adoption.
Technical View: The stock is trading near its 200-day MA support. A break above S$56 would signal a move toward S$58.50. Volume has been building on recent sessions.
Risk Factors: MAS tightening sooner than expected. NIM compression if SORA continues declining from 1.14%.
3. Amazon (AMZN) — US$213.80
Direction: Bullish | Target: US$225 | Stop Loss: US$203
Rationale: Amazon’s US$200 billion capex plan and the US$38 billion OpenAI-AWS deal position it as a primary AI infrastructure beneficiary. RBC Capital’s Brad Erickson calls AMZN one of his favourite picks for 2026. The stock gained 2.05% on Friday and has momentum heading into the week.
Technical View: AMZN cleared its 50-day MA convincingly last week. The next resistance is at US$225, with strong support at US$200.
Risk Factors: FTC regulatory scrutiny continues. Consumer spending weakness could weigh on retail segments.
4. OCBC Bank (SGX: O39) — S$22.80
Direction: Bullish | Target: S$24.00 | Stop Loss: S$21.80
Rationale: OCBC hit an all-time high of S$22.83 on 2 April 2026 and leads Singapore banks in net fee income growth. In Q4 FY2025, OCBC edged out DBS in net profit growth. The 4.7% dividend yield provides a solid floor, and the bank’s wealth management franchise is a structural growth driver.
Technical View: Trading at all-time highs is typically bullish — “new highs beget new highs.” The stock is in a clear uptrend with its 50-day MA at S$21.50 providing dynamic support.
Risk Factors: Profit-taking after the all-time high. Regional economic slowdown in Greater China affecting wealth management inflows.
5. Broadcom (AVGO) — US$198.40
Direction: Bullish | Target: US$215 | Stop Loss: US$187
Rationale: Bank of America named Broadcom a top pick for the US$1 trillion chip surge in 2026. Its custom AI chip business is booming, with hyperscaler clients including Google and Meta ramping orders. The VMware integration is progressing well, providing a recurring software revenue base.
Technical View: AVGO is consolidating above its 200-day MA. A breakout above US$205 would target the US$215–220 zone. RSI is neutral at 48, leaving significant upside room.
Risk Factors: Custom chip competition from Marvell and internal designs by hyperscalers. Valuation concerns at 25x forward PE.
6. Mapletree Industrial Trust (SGX: ME8U) — S$2.45
Direction: Bullish | Target: S$2.60 | Stop Loss: S$2.35
Rationale: With SORA at 1.14% (its lowest since July 2022), Singapore REITs are back in favour. Mapletree Industrial Trust offers exposure to data centres — the fastest-growing segment in industrial real estate — alongside a distribution yield of approximately 5.5%. As AI infrastructure spending accelerates globally, data centre REITs are structural winners.
Technical View: The REIT has been in a steady uptrend since January. Support at S$2.40 has held on multiple tests.
Risk Factors: Unexpected MAS tightening. US data centre oversupply concerns spilling into Singapore valuations.
7. Alphabet (GOOGL) — US$172.30
Direction: Bullish | Target: US$185 | Stop Loss: US$164
Rationale: Despite its shares having more than tripled in five years, Alphabet remains a bargain at approximately 20x forward earnings. Google Cloud is growing above 30% annually, and the company’s AI integration across Search, YouTube, and Cloud creates a powerful flywheel. Capital expenditure plans of US$175–185 billion signal massive AI commitment.
Technical View: GOOGL bounced off the S$165 support level last week with above-average volume. RSI is recovering from oversold territory.
Risk Factors: DOJ antitrust case outcome. AI competition from OpenAI eroding Search market share.
8. Keppel DC REIT (SGX: AJBU) — S$2.28
Direction: Bullish | Target: S$2.42 | Stop Loss: S$2.18
Rationale: Singapore’s only pure-play data centre REIT stands to benefit from both falling rates and surging AI-driven demand for data centre capacity. The trust’s portfolio spans Singapore, Australia, and Europe. At current prices, the distribution yield sits at approximately 4.8%.
Technical View: The stock broke above its 200-day MA last month and is consolidating. The next resistance at S$2.40 dates back to early 2025.
Risk Factors: Power cost inflation in Singapore. Single-asset class concentration risk.
9. Lam Research (LRCX) — US$82.50
Direction: Bullish | Target: US$90 | Stop Loss: US$77
Rationale: Bank of America’s top semiconductor equipment pick for 2026. Lam Research is a critical supplier to every major chipmaker, and the current capacity expansion cycle (driven by AI and advanced packaging) provides multi-year earnings visibility. The company trades at a discount to peers like ASML.
Technical View: LRCX has been building a base above US$80 for three weeks. A break above US$85 could trigger a move to US$90+.
Risk Factors: Cyclical downturn in memory chip spending. China export control tightening reducing addressable market.
10. CapitaLand Ascendas REIT (SGX: A17U) — S$2.78
Direction: Bullish | Target: S$2.92 | Stop Loss: S$2.68
Rationale: Singapore’s largest industrial REIT by market capitalisation, CapitaLand Ascendas REIT (CLAR) offers a diversified portfolio across business parks, logistics, and data centres. The falling rate environment benefits its debt refinancing costs, while its development pipeline provides organic growth. Distribution yield is approximately 5.2%.
Technical View: CLAR is trending above its 50-day and 200-day MAs — a “golden cross” formation that is historically bullish. Support at S$2.72 is well-established.
Risk Factors: Global trade disruption impacting logistics demand. Rising vacancy rates in suburban business parks.
Portfolio Summary
| # | Stock | Market | Price | Target | Upside | Theme |
|---|---|---|---|---|---|---|
| 1 | Nvidia (NVDA) | US | US$176.50 | US$190 | +7.6% | AI / Semiconductors |
| 2 | DBS (D05) | SG | S$55.00 | S$58.50 | +6.4% | Banks / Dividends |
| 3 | Amazon (AMZN) | US | US$213.80 | US$225 | +5.2% | AI / E-commerce |
| 4 | OCBC (O39) | SG | S$22.80 | S$24.00 | +5.3% | Banks / Wealth |
| 5 | Broadcom (AVGO) | US | US$198.40 | US$215 | +8.4% | AI / Custom Chips |
| 6 | Mapletree Industrial (ME8U) | SG | S$2.45 | S$2.60 | +6.1% | REITs / Data Centres |
| 7 | Alphabet (GOOGL) | US | US$172.30 | US$185 | +7.4% | AI / Cloud |
| 8 | Keppel DC REIT (AJBU) | SG | S$2.28 | S$2.42 | +6.1% | REITs / Data Centres |
| 9 | Lam Research (LRCX) | US | US$82.50 | US$90 | +9.1% | Semiconductors |
| 10 | CapitaLand Ascendas (A17U) | SG | S$2.78 | S$2.92 | +5.0% | REITs / Industrial |
Allocation Split: 5 US stocks, 5 Singapore stocks — balanced for Singapore-based investors who trade both markets.
Key Themes This Week
- AI Infrastructure: Five of our ten picks (Nvidia, Amazon, Broadcom, Lam Research, and Alphabet) are direct beneficiaries of the AI capital expenditure cycle. We believe this theme has years to run.
- Singapore Yield Plays: Three Singapore REITs and two banks give our portfolio a strong income foundation, with yields ranging from 4.7% to 5.9%. With SORA at 1.14%, these become increasingly attractive versus fixed deposits.
- Geopolitical Hedge: Our mix of growth and income names provides some insulation if the Iran ceasefire breaks down. Defensive dividend payers should cushion any sell-off in growth names.
How to Trade These Picks from Singapore
Singapore investors can access all ten stocks through popular platforms:
- US stocks: Tiger Brokers, moomoo, Interactive Brokers, Saxo, or POEMS
- SGX stocks: DBS Vickers, OCBC Securities, UOB Kay Hian, Phillip Securities, or any CDP-linked broker
- CPF investors: DBS, OCBC, and the three REITs are available under the CPFIS-OA scheme (subject to stock-specific limits)
Related Reading
For the full market recap, read our companion article: Markets Post Best Week Since November as Iran Ceasefire Lifts Sentiment. Also check out our latest articles for more Singapore-focused content.
Next Week: We will review how all 10 picks performed and present fresh selections for the week of 21–25 April 2026. Bookmark this page and follow LBRD for weekly updates.
This article is for informational purposes only and does not constitute financial advice. The stock picks above represent the editorial team’s analysis and should not be taken as buy or sell recommendations. Please consult a qualified financial adviser before making investment decisions. Past performance is not indicative of future results.
Data sources: Bloomberg, CNBC, Yahoo Finance, SGX, StashAway Research, Bank of America, RBC Capital
