We are almost down to the first quarter of 2022. We ask stocks analyst and financial expert Luis Limlingan, managing director of Regina Capital Development Corporation, about his recommendations and forecast
As pandemic restrictions ease, there are high hopes for certain sectors in the economy to recover in profit. As we enter March 2022, we asked Regina Capital managing director Luis Limlingan for his insights on the stocks that have performed outstandingly over the last quarter and some recommendations on where to invest moving forward.
What are the five best-performing Philippine stocks of the past quarter that you would recommend to investors?
Luis Limlingan (LL): MER (Meralco), AP (Aboitiz Power), AEV (Aboitiz Equity Ventures), MBT (Metrobank), and BPI (Bank of the Philippine Islands), were the issues that performed remarkably better in the previous quarter. Now, these issues are good candidates to be part of one's portfolio as all are members of the PSEi, and each possesses relatively sound fundamentals.
What are the three best Philippine stocks to buy when investing long-term?
LL: I would suggest picking dividend-paying stocks like TEL (PLDT Inc), GLO (Globe Telecom), MER (Metrobank), and the listed REITs. This way, the investor has two avenues of realising gains through price appreciation and by receiving cash dividends.
Read more: What is REIT?: A Quick Guide to Investing in This Type of Publicly-Listed Company
Which underperforming stock last year has high potential to increase in value this year?
LL: SM was one of the underperforming stocks last year with the impact of the pandemic. The mall segment continued to lag behind in terms of rental revenues in the third quarter last year. As the country recovers imposing relaxed quarantine restrictions, SM, particularly its retail segment would likely see a strong rebound in sales.
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