{"id":332723,"date":"2025-06-04T22:56:38","date_gmt":"2025-06-04T14:56:38","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=332723"},"modified":"2025-06-04T22:56:50","modified_gmt":"2025-06-04T14:56:50","slug":"stock-picks-for-the-week-june-2-5-2025-by-first-metro-securities","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/stock-picks-for-the-week-june-2-5-2025-by-first-metro-securities\/","title":{"rendered":"Stock Picks for the week (June 2-5, 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 on a softer footing, down 1.12% week-on-week (-71.57 points) to 6,341.53, weighed down by global trade worries, portfolio rebalancing, and cautious market sentiment. The index opened the week in the red, tracking regional weakness and trade-related jitters, with limited directional drivers as markets awaited fresh catalysts. A mid-week bounce driven by a strong US consumer confidence print and a temporary postponement of US-EU tariff hike proved short-lived, as profit-taking set in on Thursday ahead of the MSCI rebalancing. The rebalancing event weighed heavily on Friday, triggering broad-based risk trimming and PHP15.3 billion in net foreign outflows, largely attributed to a sizeable RRHI block.<\/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>We expect a slight rebound in the PSEi this shortened trading week, supported by the passage of the Capital Markets Efficiency Promotion Act (CMEPA). The latter lowers the stock transaction tax to 0.1% (from 0.6%), which is a structural tailwind for market activity. A softer inflation print may also offer additional support, with the Bangko Sentral ng Pilipinas (BSP) projecting May inflation to settle between 0.9-1.7%, reflecting improved supply conditions and easing oil prices. However, external risks remain, as US trade policy developments, including an ongoing court appeal on tariffs, proposed steel tariff hikes, and ongoing tensions with China may introduce volatility.<\/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. Apex Mining Co., Inc. (APX)<\/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>No consensus Target Price<\/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>In terms of price action, APX is currently in a strong bullish phase, supported by healthy trading volume. This momentum is expected to continue due to positive developments related to the stock\u2019s underlying asset and favourable momentum indicators. However, the formation of a double top near PHP7.00 could trigger a short-term price correction, which may provide a good opportunity for investors to accumulate shares.<\/p>\n\n\n\n<p>Accumulating APX once it pulls back near the 20-day moving average (MA) at PHP6.40 is advisable. Take profits at PHP7.30 and set stop loss limits at PHP5.88.<\/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. Philex Mining Corp. (PX)<\/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 12.40<\/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>Technically, PX still presents a bullish outlook, but its momentum is clearly weakening as the 50-day moving average (MA) has crossed below the 20-day MA. Although momentum indicators still suggest upside potential, the price action is notably volatile, trading within a wide range of PHP5.70 to PHP7.00. Fundamentally, we continue to anticipate significant upside, therefore accumulating on dips is advisable.<\/p>\n\n\n\n<p>Accumulating PX once it pulls back near 20-day MA at PHP6.30 is advisable. Take profits at PHP7.23 and set stop loss limits at PHP5.80.<\/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.\u00a0Robinsons Land Corp. (RLC)<\/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 18.68<\/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>On price action, RLC\u2019s stock price appears to have bottomed out and is currently gaining  upward momentum. The stock is trading above key moving averages (MA) (20-day, 50-day, and 100-day), while momentum indicators show bullish signals. Additionally, volumes are picking up, indicating renewed investor interest. As the 04 Jun 202 ex-date approaches, some investors may begin taking profits, which could cause short-term price fluctuations and provide attractive entry points.<\/p>\n\n\n\n<p>Accumulating RLC once it pulls back to PHP13.00 to PHP12.80 is advisable. Take profits 15% above entry point and set stop loss limits 8% below.<\/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-332723","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\/332723","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=332723"}],"version-history":[{"count":2,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332723\/revisions"}],"predecessor-version":[{"id":332726,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/332723\/revisions\/332726"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=332723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=332723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=332723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}