{"id":332118,"date":"2025-04-07T18:36:53","date_gmt":"2025-04-07T10:36:53","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332118"},"modified":"2025-04-07T18:37:00","modified_gmt":"2025-04-07T10:37:00","slug":"stock-picks-for-the-week-april-7-11-2025-by-first-metro-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-picks-for-the-week-april-7-11-2025-by-first-metro-securities\/","title":{"rendered":"Stock Picks for the week (April 7-11, 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 ended the week lower at 6,084.19, down -1.03% week-on-week), shedding 63.3 pts, as global markets sank into the red following US President Donald Trump\u2019s announcement of sweeping reciprocal tariffs, with the Philippines hit by a 17% levy. In addition, the S&amp;P Global Philippines Manufacturing PMI slipped to 49.4, its steepest drop in nearly four years, signalling a contraction in factory activity. By end of week, the cooler Mar 2025 inflation print of 1.8% (Feb 2025: 2.1%) provided some relief, fuelling hopes that the Bangko Sentral ng Pilipinas (BSP) could pivot to a rate cut at its next policy meeting.<\/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 be volatile, with risk tilted to the downside. Country-specific reciprocal tariffs take effect on 09 Apr 2025, which further heightens concerns over global trade disruptions. Nonetheless, we do not rule out the possibility of tariff relief should negotiations materialise, which could provide some support for the market. In addition, large-scale protests in the US over government cuts, immigration crackdowns, and tariffs could pressure policy discussions, potentially influencing the outcome. <\/p>\n\n\n\n<p>On the local front, investors will focus on the Bangko Sentral ng Pilipinas&#8217; (BSP) 10 Apr 2025 policy meeting, where consensus expects room for the BSP to proactively cut policy rates by 25 basis points (bps) to 5.50% in a bid to support economic activity and mitigate any potential impact from Trump\u2019s tariffs. This expectation is supported by lower inflation, which has fallen below the 2-4% target range, as well as the recent strength of the Philippine Peso (PHP) against the US Dollar (USD).<\/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. Converge ICT Solutions, Inc. (CNVRG)<\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Recommendation<\/strong><\/td><td>Buy on pullback<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 20.50<\/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>CNVRG hit a new 52-week high at PHP19.42, fuelled by recent positive developments. This triggered profit-taking as investors locked in gains after the stock failed to push higher. At current levels, it is trading above all key moving averages (MA), providing room for price consolidation. Hence, we recommend accumulating CNVRG on pullbacks for further upside.<\/p>\n\n\n\n<p>Accumulating the stock once it pulls back near the 20-day MA (PHP17.75) is advisable. Take profits at PHP20.41 and set stop loss limits below PHP16.33.<\/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. Filinvest Land, Inc. (FLI)<\/h3>\n\n\n\n<figure class=\"wp-block-table is-style-stripes\"><table><tbody><tr><td><strong>Recommendation<\/strong><\/td><td>Buy on pullback<\/td><\/tr><tr><td><strong>1-Year Target Price<\/strong><\/td><td>PHP 0.77<\/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>FLI is trading above all key moving averages (20- day, 50-day, 100-day, and 200-day), indicating bullish sentiment driven by positive developments, and is currently near the upper bound of its trading range (PHP0.69 to PHP0.75). However, momentum indicators show a mixed picture: the MACD is slightly above the signal line whereas RSI remains in the neutral zone, reflecting weak buying pressure. Having said this, waiting for a pullback could offer more favourable entry points.<\/p>\n\n\n\n<p>Accumulating FLI once it pulls back to the 50-day MA, around PHP0.72, is advisable. Take profit at PHP0.82 and set stop loss limit at PHP0.66.<\/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.\u00a0SSI Group, Inc. (SSI)<\/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 4.60<\/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>After printing a 52-week high of 4.49 in May 2024, the counter has since declined by as much as 40%. It is currently trading sideways below key moving averages (MA) (50-day, 100-day, and 200-day) with RSI nearing oversold levels. For a more favourable entry signal, we prefer to accumulate once the counter breaks the downtrend line above MA-200 and resistance at PHP3.20.<\/p>\n\n\n\n<p>Accumulating once SSI breaks above PHP3.20 is advisable. Take profits at PHP3.68 and set your stop loss below 2.94%.<\/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-332118","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\/332118","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=332118"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332118\/revisions"}],"predecessor-version":[{"id":332120,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332118\/revisions\/332120"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332118"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332118"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332118"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}