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Stock Picks: Metro Pacific, Ayala Corp, Universal Robina
Stock Picks: Metro Pacific, Ayala Corp, Universal Robina
ABS-CBN News
Published Jul 12, 2016 10:33 AM PHT
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MANILA – EastWestBank First Vice President and Trust Officer Angel Pacis on Tuesday recommended Metro Pacific Investments Corp., Ayala Corp., and Universal Robina Corp. stocks.
A possible increase in toll rates will boost MPIC earnings and the stock is trading at a discount, Pacis told ANC’s “Market Edge with Cathy Yang.”
Universal Robina will benefit from robust consumer demand in the Southeast Asian region, she said.
Ayala Corp. mirrors the strength of the Philippine economy and will get a boost from its power assets, she said.
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