Philippines News: FREE

Get an edge on the Philippine Stock Market in this comprehensive tool for Filipinos and foreign investors.
Get it on Google Play

Wednesday, September 9, 2015

COLing the Shots: Learning from past corrections and bear markets

COL Financial released their latest COLing the Shots report entitled "Lessons from past corrections and bear markets". 

Below are the key highlights of our latest view on the market:
  • After studying the characteristics of two previous bear markets and three major corrections in the Philippines, we have two major insights, namely "This is just a major corrrection, not a bear market" and "There is a good chance that we have already seen the low."
  • We believe that there is a strong likelihood that we have already seen the worst. With careful consideration of current market conditions, we think that now would be a good time to start accumulating stocks. Remember to choose quality names, to space your orders over a span of six months or to practice cost-averaging, and to determine an entry price that will allow you to capitalize on downward swings in the market. This is an opportunity to buy quality stocks that normally trade at expensive valuations. 
  • After reviewing our stock picks, we have decided to remove FLI and add MEG and BDO to our COLing the Shots stock picks list.  
To access the full report, please click here.

- COL financial

No comments:

Post a Comment