SINGAPORE (Jan 13): Many of the stocks that have done well this past year and are currently trading close to their 52-week highs, have great micro- fundamentals and could continue to deliver many years of growth.

In fact, a good number of them are trading at higher levels than they were in early 2015, when the market went into a tailspin.

On the other hand, there is something to be said for taking a contrarian approach and sifting through stocks that have been left in the dust this past year and are trading near their 52-week lows. While there may be good reasons that these stocks have not already performed, market interest could well rotate in their favour in the months ahead.

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