Tuesday, June 1, 2010

place your bets!

place your bets!

"Place your bets!"

That's what Miko Sayo of Tsupitero.com says about the PSEi.

He said we're in some kind of no man's land because of the mixed signals of the market from a technical point of view.

Here's what I'm considering:

ICT (28.50)
ATI (5.3)
MWC (15.25)
SECB (63.00)


Here's a few reasons why:

I'm always partial to relying heavily on fundamental analysis and the fundamentals of these companies are very good.

I like companies that are engaged in businesses that are easy to understand.

ICT and ATI in particular because of the improvements in container traffic. If not for the recent trouble in the euro zone, I think these stocks would have hit the roof by now.

MWC because they enjoy a guaranteed rate of return as a utility company and the rainy season is coming. With el nino out of the way, MWC will be smiling.

SECB because they're numbers are just plain awesome.

Finally, i verified these picks with information from my broker. The most common sense tip of all: ask the experts. :)