Investment Ideas: January 21, 2025 

Here is our report for today, January 21, 2025, with some insights into various investment opportunities.

Here are some key highlights:

• Bond Market Overview: The dollar-denominated bond market shows yields ranging from 5.046% to 5.487% across various issuers, with a Middle Eastern sovereign bond offering the highest yield. In the peso-denominated space, rates are relatively more attractive, with yields spanning from 5.715% to 6.230%, with longer-dated securities providing better returns.
• Stock Recommendations: We highlight three key players: an electric utility company rated OVERWEIGHT (4.1% of PSEi) due to its attractive dividend yield and defensive characteristics; a diversified power company rated NEUTRAL (2.5% of PSEi) with significant utility exposure trading at attractive valuations