February 10, 2011

Buy on Bargain

Philippines stocks continue to slide due to global dynamics. With Middle East crisis, China raising interest rates and U.S. economy picking up. Foreign investors are dumping local stocks resulting to what they call bloodbath.

My take on this one is that make this as an opportunity to buy more stocks of companies that have sound business models and good potential upside. Those companies whose earnings are in record highs and are projected to continue their winning streak will eventually correct.

1 comment:

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