Stock picks: Century Pacific, SM, Alliance Global

ABS-CBN News

Posted at Jul 20 2016 11:16 AM

MANILA – BPI Trade Managing Director Mike Oyson recommends Century Pacific Foods Inc., SM Investments Corp. and Alliance Global Inc.

Century Pacific, which manufactures Century Tuna, will benefit from consumers shifting to tuna fish from sardines, Oyson told ANC’s “Market Edge with Cathy Yang” on Wednesday.

“Premiumization, people want to feel better. They want a better alternative to sardines,” Oyson said.

SM is expected to further benefit from the consumption boom while investors can snap up Alliance Global while the stock is “undervalued,” he said.