{"id":332353,"date":"2025-04-29T23:05:33","date_gmt":"2025-04-29T15:05:33","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332353"},"modified":"2025-04-29T23:05:35","modified_gmt":"2025-04-29T15:05:35","slug":"stock-picks-for-the-week-april-28-may-2-2025-by-first-metro-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-picks-for-the-week-april-28-may-2-2025-by-first-metro-securities\/","title":{"rendered":"Stock Picks for the week (April 28-May 2, 2025) by First Metro Securities"},"content":{"rendered":"\n

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

The PSEi was up 134.13 pts. last week, closing at 6,268.75 (up 2.19% week-on-week), driven by easing trade tensions. This is as more countries indicated their willingness to negotiate with the US and with US President Trump having softened his stance on China. Furthermore, we believe that investors have begun to recognise the Philippines as a potential safe haven amid President Trump\u2019s reciprocal tariffs.<\/p>\n\n\n\n

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

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

This week, we expect the index to extend its gains ahead of the trade talks between the Philippines and the United States. The 1Q 2025 earnings season has started, with index heavyweights scheduled to release results before the Labour Day holiday. Investors will assess corporate earnings performance, focusing on economic conditions and management’s views on trade tensions.<\/p>\n\n\n\n

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

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

1. Century Pacific Food, Inc. (CNPF)<\/h3>\n\n\n\n
Recommendation<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 41.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

While we currently have a fundamental HOLD call on the stock, we think that price weakness is an opportunity to accumulate as it has fell near 52-week lows. Despite trading below all key moving averages (20-day, 50-day, 100-day, and 200-day), the psychological support around PHP34.60 appears to be holding firm. On momentum indicators, RSI is neutral while the MACD is showing early signs of a potential bullish crossover, which could signal a reversal in trend once momentum picks up.<\/p>\n\n\n\n

Accumulating CNPF at levels between PHP35.00 and PHP35.50 is advisable. Take profits at PHP40.54 and set stop loss limits below PHP32.43.<\/p>\n\n\n\n

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

2. Wilcon Depot, Inc. (WLCON)<\/h3>\n\n\n\n
Recommendation<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 9.00<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

WLCON has declined by more than 60% year-to-date (YTD), trading at extremely oversold levels with RSI at ~19. The counter hovers below key moving averages (50-day, 100-day, and 200-day MA), nearing historical long-term support around PHP5.45-PHP5.50. At current levels, we believe that risks are skewed to the upside.<\/p>\n\n\n\n

Accumulating WLCON at levels around PHP5.45-PHP5.50 is advised. Take profits at PHP6.35 and set your stop loss below PHP5.06.<\/p>\n\n\n\n

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

3.\u00a0Cebu Air Inc. (CEB)<\/h3>\n\n\n\n
Recommendation<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 54.47<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

CEB broke out of its immediate resistance of PHP34.50. It is trading above key moving averages (50-day, 100-day, and 200-day MA) with momentum indicators (RSI and MACD) signaling strong bearish sentiment. Thus, we prefer to trend follow and accumulate on pullbacks.<\/p>\n\n\n\n

Accumulating once CEB pulls back to PHP34.50 is advised. Take profits at PHP41.40 and set your stop loss below PHP31.74.<\/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-332353","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\/332353","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=332353"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332353\/revisions"}],"predecessor-version":[{"id":332355,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332353\/revisions\/332355"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}