Investment Ideas: December 26, 2024

Here is our report for today, December 26, 2024, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: Dollar-denominated bonds from various issuers are showing yields ranging from 4.955% to 5.503% for maturities between 2026 and 2030. Meanwhile, peso-denominated retail treasury bonds and fixed-rate treasury notes are offering more attractive yields between 5.880% to 6.055% for maturities spanning 2025 to 2031.
• Stock Recommendations: Our equity analysis highlights three key Philippine companies with varying outlooks. We maintain an OVERWEIGHT position on a major power utility company due to its promising renewable energy projects. Conversely, we recommend UNDERWEIGHT positions on two conglomerates – one facing challenges in consumer