To prevent this, a smart investment strategy would be to bet on what are considered “essentials” in the stock market. They are the following:“In a span of two Covid years, digitalization has gone forward 100 years into the future,” Salve observes. She recommends three under this sector—PLDT, Globe, Converge. “I think PLDT and Globe still have a chokehold over this sector. Converge ang pinaka-promising na bagong player,” she says.
Many of the companies listed under the infrastructure category are holding companies, which are also involved in other industries. Examples are Phinma, Holcim, Concrete Aggregates Corp, and TKC Metals. So the best bet, as per Salve, would be Megawide Construction Corporation, considered as one of the leading construction firms in the country today. “It might have some debt restructuring bumps, but the value of its economic activities is worth looking into,” says Salve. She mentions its notable projects—Mactan Cebu International Airport, Parañaque Integrated Terminal Exchange, and some 10,000 public school classrooms.