[ANALYSIS] Search for stocks that continue to sizzle

There are no less than 20 stocks that you can readily choose from the market that are seen to have the potential to further sizzle with higher reward and lower risk potential

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Consolidation is a term used in technical analysis that refers to a certain period when the trading prices of a stock or market does not cross its support and resistance lines. The stock or market movement is confined to a well-defined pattern that doesn’t rise over its previous high, or doesn’t fall under its recent low or lowest in the past.

In this connection, several stockbrokerage houses have already sounded their investors to expect sustained earnings growth from several large caps and growth stocks in the market. Not strictly listed and categorized according to their order of importance or potential returns but by, at least, their acceptable level of market liquidity, they are as follows: According to stockbroker Rene de los Reyes of Abacus Securities Corporation, his company estimates that GTCAP’s forward P/E ratio is about 5.2x only – making it still one of the cheapest issues in the market despite being among the highly traded index stocks for the longest time.

GTCAP’s core net income grew 81% higher over and above its reported FY 2022 results. Its auto subsidiary and, to some extent, by the recovery of its property company reportedly contributed significantly in the increased earnings of the conglomerate.

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