If we are really on the recovery/upsurge now, it's good to look at fundamentally-solid (read: not SMC) and high-volume-traded (not SGI) first liners that have negative or almost-nil 1yr returns. These are the issues that took beating almost for no reason, other than the QE tapering and foreign funds wanting to exit.
Plus points if the stock has below-15 current P/E.
In my watchlist are
SECB (-10% 52wk, 13 P/E)
MBT (3% 1yr return, 9 P/E)
FLI (-15% 1yr, 8 P/E)
AP (1% 1 year, 13 P/E)
BPI is marginal. Although it has negative 52wk return, it has above 15 P/E.
If you bet this way, you'll be banking on the possibility that foreign funds will look first on these issues as the among the first ones to recover fast. And we hope to get on in that ride.
Share also your watchlist.
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