Business
Philippines stock traders move with cautious optimism: Blue-Chip Stocks remain a favorite?

THE past couple of years have been a rollercoaster ride for stock traders. Markets have generally borne the brunt of Covid-19 disruption, which was unlike anything since the global recession of 2008.

Traders in the Philippines are no exception. After the virus became a global pandemic, stock traders had to watch in horror as most of their holdings went in the red. Some had to refine their strategy by primarily investing in blue-chip stocks, which are more reliable. A blue-chip stock belongs to a large corporation with a reputation for quality, reliability, and the ability to operate with relatively consistent gains.