Stocks Selection

One of my basis on buying a stock and holding it, if it is selected by major mutual funds. Of course, aside from analyzing its fundamentals, financial report, P/E ratio, chart analysis, etc. we also need to consider if it is selected by fund managers who managed mutual funds because they will be one of the factors that would help and drive to push the stock price up or down depending several factors.

To give you an idea which stocks that you need to consider to buy are the following.

PHILEQUITY PSE INDEX FUND INC. as of September 30, 2009

BPI PHILIPPINE STOCK INDEX FUND as of November 30, 2009

BPI Balanced Fund as of November 30, 2009

Please note that this is one of the criteria on selecting and deciding to buy a stock. You still need to consider other factors aside from this before buying or selling a stock.