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The resiliency of some stocks in the Philippine stock market to survive a crisis, whether political or economic in nature, is the very reason that they continue to be among the most actively traded. One of these stocks is that of Philippine food and beverage giant San Miguel Corp. (SMC).
Jose Vistan, Jr., senior analyst at Wise Securities, Inc., recommends an "accumulate" tag for SMC. He described the historical chart of SMC as "healthy" due to the very nature of the company's business, which is food and beverage.
"Compared to Ayala (Corp.), SM Prime Holdings and other blue chips, SMC lagged. The reason behind the lag is …