{"id":331458,"date":"2025-02-10T22:49:15","date_gmt":"2025-02-10T14:49:15","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=331458"},"modified":"2025-02-10T22:49:17","modified_gmt":"2025-02-10T14:49:17","slug":"stock-picks-for-the-week-feb-10-14-2025-by-first-metro-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-picks-for-the-week-feb-10-14-2025-by-first-metro-securities\/","title":{"rendered":"Stock Picks for the week (Feb 10-14, 2025) by First Metro Securities"},"content":{"rendered":"\n

Market Recap: Stock market last week<\/h2>\n\n\n\n

The PSEi kicked off February with a strong rebound, surging 292.40 points (+4.99%) to close at 6,154.99, fuelled by bargain hunting in oversold names. The market reached the 6,200 level in a technical bounce following the previous week\u2019s sell-off driven by the PSEi rebalancing. <\/p>\n\n\n\n

Optimism also grew after US President Donald Trump granted Canada and Mexico a last-minute reprieve from the planned 25% tariff. Investors digested key local data: (1) S&P Global Manufacturing PMI at 52.3 for Jan 2025, (2) 2024 unemployment rate at 3.8% y\/y, the lowest since 2005, and (3) Jan 2025 inflation at 2.9% y\/y, aligning with the Bangko Sentral ng Pilipinas\u2019 (BSP) target but slightly above the 2.7% consensus estimate. <\/p>\n\n\n\n

However, momentum waned as investors locked in gains after a three-day rally, amid heightened political uncertainty following the House of Representatives\u2019 move to impeach Vice President Sara Duterte. Despite steady foreign inflows, gains were capped, reflecting cautious sentiment amid global and domestic risks.<\/p>\n\n\n\n

<\/div>\n\n\n\n

PSE outlook this week<\/h2>\n\n\n\n

This week, we expect the market to trade sideways with a slight downward bias as investors remain risk-off due to lingering uncertainties. All eyes will be on the BSP’s first policy meeting, where rates are expected to stay at 5.75%. <\/p>\n\n\n\n

Department of Finance (DOF) Secretary Ralph Recto stated that the BSP is unlikely to cut rates ahead of the US Federal Reserve, which has signalled that easing may not begin until December 2025. However, BSP Governor Eli M. Remolona, Jr. previously said that rate cuts could start as early as August, with a total reduction of 25-50 basis points (bps) this year.<\/p>\n\n\n\n

<\/div>\n\n\n\n

Stock Picks this week<\/h2>\n\n\n\n

1. DigiPlus Interactive Corp. (PLUS) <\/h3>\n\n\n\n
Recommendation<\/strong><\/td>Buy on pullback<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 34.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

PLUS has been trending upwards within a channel on high volume. It is trading above key long-term moving averages (50-day, 100-day, and 200-day) with momentum indicators at overbought levels, signalling strong momentum. However,
the counter has already broke above its continuation pattern to post an all-time high of PHP 31.30. Thus, we suggest accumulating on pullbacks or until another buy signal forms.<\/p>\n\n\n\n

Accumulating on pullbacks around PHP 29.00 is advised. Set your stop loss below PHP 26.60 and take profits at PHP 33.35.<\/p>\n\n\n\n

<\/div>\n\n\n\n

2. JG Summit Holdings, Inc. (JGS)<\/h3>\n\n\n\n
Recommendation<\/strong><\/td>Sell<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 35.88<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

JGS has declined by 21% year-to-date (YTD), breaking below all major support levels and continuing its long-term downtrend since peaking in Jan 2021. It is currently trading within a reversal wedge pattern below all key moving averages (50-day, 100 day, and 200-day) with momentum indicators at oversold levels.<\/p>\n\n\n\n

Selling at current levels is advised. For those who want to accumulate JGS, we suggest buying the counter at the close of the day when the MSCI index resulrts are made available.<\/p>\n\n\n\n

<\/div>\n\n\n\n

3. DMCI Holdings, Inc. (DMC)<\/h3>\n\n\n\n
Recommendation<\/strong><\/td>Buy on pullback<\/td><\/tr>
1-Year Target Price<\/strong><\/td>No consensus Target Price<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

DMC\u2019s share price has been trending upward after forming a double bottom near its support level at PH P10.20. Moreover, DMC\u2019s recent closing price closed at its previous resistance at PHP 11.30 and remains above its 20-day, 50-day, 100-day, and 200-day moving averages (MAs). On momentum indicators, its MACD and RSI are both above neutral levels which supports its recent upward momentum. Therefore, given its most recent close at its previous resistance level, wait for a pullback near its 20-day and 50-day MAs at PHP 11.15 for a more favourable entry.<\/p>\n\n\n\n

Accumulating DMC on a pullback at PHP 11.15 is advisable. Set stop limit orders at PHP 10.26 and take profits at PHP 12.82.<\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Our stock picks for the week<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1372,11],"tags":[],"class_list":["post-331458","post","type-post","status-publish","format-standard","hentry","category-stock-picks","category-special-reports","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=331458"}],"version-history":[{"count":2,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331458\/revisions"}],"predecessor-version":[{"id":331476,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331458\/revisions\/331476"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=331458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=331458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=331458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}