This is an opportune year for investors to accumulate Philippine stocks especially whenever the stock barometer falls below its fair valuation of 7,, leading online stock brokerage COL Financial said.

COL expects average corporate earnings to rise by 6. But COL continued to have a favorable long-term view on the Philippine economy and the stock market, Tan said. She said the same policies that may be painful in the short-term would be beneficial in the long term, Tan added.

Undervalued Stocks in the Philippines – Latest List

COL said the government needed to implement tax reforms to raise enough funds to meet its goal of increasing disbursements from around In a research note, Tan said the planned reduction in personal income taxes that would be implemented together with the first package of the tax reform policy in the second half of would also have a favorable impact on consumer spending and economic growth.

Whenever the PSEi falls below 6,, Tan said this would be the time to buy aggressively.

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