Stock Picks
AYALA LAND, INC. (ALI) TP 13.90 (Property volume leveraged to economic recovery)
ENERGY DEVELOPMENT CORPORATION (EDC) TP 5.60 - (Earnings from Palinpinon-Tongonan and augmentation in Leyte)
MANILA WATER COMPANY, INC. (MWC) TP 19.00 (Lower depreciation expense from concession extension = earnings growth)
METROPOLITAN BANK & TRUST COMPANY (MBT) TP50.00 (High operating leverage)
Stocks to avoid:
MANILA ELECTRIC COMPANY (MER) TP 165.00 (trading at rich multiples)
Source: Market Mirror - Facebook
Showing posts with label Stock Picks for 2010. Show all posts
Showing posts with label Stock Picks for 2010. Show all posts
Saturday, November 28, 2009
UBS lists Lopez firms as stock picks for 2010
By Doris Dumlao
Philippine Daily Inquirer
UBS Investment Research sees ample global liquidity keeping Philippine stocks buoyant despite valuations that have become “less compelling” following the year-to-date rally but also warns of possible constraints to corporate earnings growth.
Arguing that liquidity may be difficult to predict, UBS said it preferred stocks with more sustainable growth drivers. Its top five stock picks for 2010 are geothermal power crown jewel Energy Development Corp., infrastructure holding firm First Philippine Holdings Corp., property developer Robinsons Land Corp. as well as leading banks Banco de Oro Unibank and Metropolitan Bank and Trust Co. Read More...
Philippine Daily Inquirer
UBS Investment Research sees ample global liquidity keeping Philippine stocks buoyant despite valuations that have become “less compelling” following the year-to-date rally but also warns of possible constraints to corporate earnings growth.
Arguing that liquidity may be difficult to predict, UBS said it preferred stocks with more sustainable growth drivers. Its top five stock picks for 2010 are geothermal power crown jewel Energy Development Corp., infrastructure holding firm First Philippine Holdings Corp., property developer Robinsons Land Corp. as well as leading banks Banco de Oro Unibank and Metropolitan Bank and Trust Co. Read More...
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