Friday, 15th November 2013 | The IC Insider’s selection of Buy Rated stocks is unchanged at the end of the week as Jamaican listed stocks continue to under perform on the local market while in Trinidad, a number of the stocks continue to appreciate in value.
The latest mover is Republic Bank, which moved up to $115.01 at the end of the week; Neal & Massy moved up to $58 continuing its slow recovery from a fall a few weeks ago. The price is still 97 cents away from the point of selection.
In Jamaica, Scotia Group slipped back further on Friday and so did Sagicor Life, even as the news in Jamaica have been more positive than negative in recent months, although not wildly so. The junior market stocks have been holding their position even as a few recorded sharp declines since getting the Buy Rated accolade.
Related posts | Carib Cement & AMG now Buy Rated | Buy Rated bargains
The IC Insider’s Buy Rated seal of approval is given to a stock that we believe is a compelling buy with earnings that are strong relative to the price and strong prospects of generating high price gains within the next twelve months.
Our research is backed by published reports of the company’s performance and insights of future earnings that can be found at ICInsider.com. The final decision to buy, or not, is your personal choice.
To find published reports for a Buy Rated stock on IC Insider, please choose the category ‘Buy Rated’ under Company News or enter the company name, in full or part at ‘Search IC Insider’.
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