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BDO Securities: This is the time for beginners to buy stocks

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While many investors are afraid to invest in the stock market because of the current bearish conditions, BDO Securities Corporation said it is actually a good time for beginners to seriously consider buying stocks.

From a high of 9,078.37 in January 2018, the 30-stock Philippine Stock Exchange index has since plunged by 32 percent as of the end of October 2022.The index was not immune to the global markets sell-off due to looming concerns of high inflation, the hawkish stance of global central banks, and a strong US Dollar against other major currencies.

He noted that, “The PSEi may finally carry out a more significant rally once a successful re-test of the 5,700 support area is done.” As part of its value proposition of providing easy access to stock trading via online platform, it also offers valuable market information, insights and analysis through research reports, trading commentaries, educational webinars and market related vlogs.

In this report, clients can see analysts’ rating, target price for each stock, and other fundamental analysis-based data that can aide the investment decision-making of investors.

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