Investment Ideas: February 3, 2025

Here is our report for today, February 3, 2025, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: Dollar-denominated bonds are currently yielding between 4.716% to 5.177% for maturities ranging from 2026 to 2030. The peso-denominated securities present slightly higher yields, ranging from 5.590% to 5.920% for maturities between 2025 and 2029, primarily consisting of retail treasury bonds and fixed-rate treasury notes.
• Stock Recommendations: We maintain an OVERWEIGHT stance on a major Philippine bank due to its compelling valuation and strong fundamentals. We have also upgraded our view to NEUTRAL on a conglomerate amid market headwinds, while maintaining an UNDERWEIGHT position on a gaming sector company.
• Spotlight: Our feeder fu