{"id":332115,"date":"2025-04-02T00:59:35","date_gmt":"2025-04-01T16:59:35","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332115"},"modified":"2025-04-07T18:19:58","modified_gmt":"2025-04-07T10:19:58","slug":"stock-picks-for-the-week-march-31-april-4-2025-by-first-metro-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-picks-for-the-week-march-31-april-4-2025-by-first-metro-securities\/","title":{"rendered":"Stock Picks for the week (March 31-April 4, 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 the week at 6,147.44, down 119.31 points, as risk-off sentiment persisted amid domestic and global uncertainties. A system issue at the Philippine Stock Exchange (PSE) led to a delayed 11:10 AM open early in the week, dampening sentiment and setting the stage for subdued trading throughout the week. Caution also prevailed as President Trump confirmed plans to impose reciprocal tariffs, referred to as &#8220;Liberation Day,&#8221; set to take effect on 02 Apr 2025, targeting key sectors such as automobiles, pharmaceuticals, and semiconductors. The mounting tariffs have weighed on the global economic outlook, contributing to weaker market confidence. Meanwhile, heightened political noise arising from rallies in support of former President Duterte, albeit mostly peaceful, added another later of uncertainty and further limited risk appetite.<\/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>Looking ahead, we expect the market to trade sideways with a slight downside bias as lingering concerns over US tariff policies continue to weigh on sentiment. On the domestic front, investors will closely watch the Mar 2025 PH inflation print, set for release on 04 Apr, with consensus expectations pointing to a reading in line with the prior month. Globally, market participants will focus on key macroeconomic data, particularly US jobs numbers, which could be pivotal for the Fed\u2019s next policy move. Some near-term uplift may however emerge as the market trades around key support levels.<\/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. MREIT, Inc. (MREIT)<\/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 14.06<\/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>MREIT\u2019s share price is attempting to close above its resistance level at PHP13.99 after nearing its support level at PHP13.50 last Friday. Moreover, it remains above its 20-day, 50- day, 100-day, and 200-day moving averages (MAs). For momentum indicators, both its MACD and RSI are nearing overbought levels. If MREIT\u2019s price fails to close above its resistance level, then a possible reversal may happen and its price might visit its key support level at PHP13.50. Therefore, given the risk is skewed towards the downside, accumulating on support is advisable.<\/p>\n\n\n\n<p>Accumulating MREIT on support at PHP13.50 is advisable. Set stop limit orders at PHP12.42 and take profits at PHP15.53.<\/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. Semirara Mining and Power Corp. (SCC)<\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Recommendation<\/strong><\/td><td>Buy on pullbacks<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 38.23<\/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>SCC is currently in an uptrend but has been consolidating since last month. It is trading above key moving averages (MAs) (50-day, 100-day, and 200-day), but below the 20- day MA, indicating short term weakness. On momentum indicators, the MACD has crossed below the signal line, and the RSI has dropped sharply from overbought territory, both suggesting a potential pullback.<\/p>\n\n\n\n<p>Accumulating SCC once it pulls back near the 100-day MA around the PHP34.80 level is advisable. Set stop loss limit at PHP32.02 and take profit around PHP40.02.<\/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.\u00a0Puregold 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<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-332115","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\/332115","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=332115"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332115\/revisions"}],"predecessor-version":[{"id":332117,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332115\/revisions\/332117"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}