Weekly Stock Picks: Buy Wendy's - WEN
Buy Below: 21.00
Short Target Profit: 23.12
Medium-Term Target: 24.78
Stop Loss: 18.63 (optional)
Consensus Target: 27.00
Consensus Low Estimate: 22.00
Current Dividend Yield: 2.15%
Why buy the companies in the Stock Market Now!
The Philippine Stock Market continues its nosedive due to panic selling and the Covid 19 scare. According to consensus, the Philippine Composite Index will hold the 6,000 level. However, the market almost touched the 5,000 level.
Pick of the Week - IRC (IRC Properties Inc)
IRC or IRC Properties Inc (PHILIPPINE INFRADEV HOLDINGS) is one of the high risk - high reward stocks in the PSE. When IRC started to shift its business from mining to real estate, its stock price has started to do wonders. Valuation wise, its book value is attractive, as well as its earnings per share.
Pick of the Week - SHLPH
Pilipinas Shell Petroleum Corp is worth trying trade this coming week. Accordingly, SHLPH offers fat dividends at 10% per anum to its current price of P30.00 per share - compared to Petron that gives only 2% per anum.
Pick of the Week - DMC and MWC
Can history repeat itself?
Pick of the Week - ACEPH
Should I Invest in the Stock Market?
A straight up answer is YES! Everyone should own a stock regardless if your profession is a farmer, fishermen, clerk, manager, government official, doctor, engineer or a businessman everyone should own a share of stock.