{"id":331963,"date":"2025-03-26T00:59:35","date_gmt":"2025-03-25T16:59:35","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=331963"},"modified":"2025-03-26T00:59:40","modified_gmt":"2025-03-25T16:59:40","slug":"stock-picks-for-the-week-march-24-28-2025-by-first-metro-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-picks-for-the-week-march-24-28-2025-by-first-metro-securities\/","title":{"rendered":"Stock Picks for the week (March 24-28, 2025) by First Metro Securities"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Market Recap: Stock market last week<\/h2>\n\n\n\n<p>The PSEi closed relatively flat week-on-week at 6,266.75 after a week of range-bound trading, slightly lower by 0.43%. The local bourse started the week on a positive note as investors hunted for bargains following the previous week\u2019s sharp sell-off. However, gains were quickly capped as investors adopted a risk-off stance ahead of the US Federal Reserve\u2019s policy rate decision. As widely expected, the Fed kept interest rates steady at 4.50%, boosting sentiment mid-week after suggesting potential for two rate cuts this year. <\/p>\n\n\n\n<p>On the local front, optimism was further supported by Department of Finance (DOF) Secretary Ralph Recto\u2019s statement that the Bangko Sentral ng Pilipinas (BSP) is likely to trim policy rates in April, with room for 50 to 75 basis points (bps) worth of cuts this year. However, profit-taking on the final trading day of the week erased all gains, with investors repositioning ahead of the FTSE rebalancing, effective on Monday, 24 Mar 2025.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">PSE outlook this week<\/h2>\n\n\n\n<p>This week, we expect the market to trade sideways with a slight downside bias. Despite signals of monetary policy easing from both domestic and foreign fronts, sentiment remains muted. On the foreign front, the third reading for US 4Q24 GDP report is scheduled for release on Thu, 27 Mar 2025. The market expects 2.3% quarter-on-quarter growth. This aligns with the first and second reading&#8217;s 2.3% estimate.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Stock Picks this week<\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">1. Puregold Price Club, Inc. (PGOLD)<\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Recommendation<\/strong><\/td><td>Buy on support<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 36.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>PGOLD\u2019s share price has dropped below its 20-day and 50-day moving averages (MAs) and is nearing its key support level at PHP26.35. Since the start of the year, PGOLD has struggled to surpass its 100-day and 200-day MAs, which further signals weak momentum, reducing the possibility of a potential reversal. On momentum indicators, its MACD and RSI are slightly below neutral levels suggesting a possible visit near its key support level at PHP25.00. Therefore, given the risk is skewed towards the downside, accumulating at support is advisable.<\/p>\n\n\n\n<p>Accumulating PGOLD on support at PHP25.00 is advisable. Set stop limit orders at PHP23.00 and take profits at PHP28.75.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">2. PLDT, Inc. (TEL)<\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Recommendation<\/strong><\/td><td>Buy on breakout<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 1,600.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>TEL has traded in an upward channel since hitting its 52-week low of PHP1,252 in December. However, the stock dropped below its 20-day and 200-day moving averages (MAs) amid a broad-based market sell-off, with the stock now trading around its 50-day and 100-day MAs. While momentum indicators remain neutral, TEL\u2019s 50-day MA appears set to cross above the 100-day MA, suggesting renewed bullish momentum in the medium term. Nonetheless, we prefer accumulating TEL once it breaks above its immediate resistance (20-day MA) on strong volume, which may confirm price recovery.<\/p>\n\n\n\n<p>Accumulate TEL once it breaks above the 20-day MA (around PHP1,367) on strong volume. Take profits at PHP1,572 and set stop loss limits below PHP1,258.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">3.\u00a0International Container Terminal Services, Inc. (ICT)<\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Recommendation<\/strong><\/td><td>Trailing stops<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 439.84<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>The counter has been trading in a downward channel since reaching its all-time high of PHP446.00 in Oct 2024. Since then, it has struggled to sustain momentum, forming lower lows amid geopolitical uncertainties. While the stock surged by as much as 50% in 2024 from end-2023 to its peak, replicating that rally may be challenging given the ongoing downtrend and macroeconomic headwinds. Given these, investors may consider reducing exposure ahead of potential volatility. <\/p>\n\n\n\n<p>We recommend implementing trailing stops and taking profits near the upper band of the downward channel. For those with exposure, implementing trailing stops is advisable.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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-331963","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\/331963","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=331963"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331963\/revisions"}],"predecessor-version":[{"id":331965,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/331963\/revisions\/331965"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=331963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=331963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=331963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}