Here's Why 'Trend' Investors Would Love Betting on PLDT (PHI)

Core Viewpoint - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for maintaining stock momentum [1]. Group 1: Stock Performance - PLDT (PHI) has shown a solid price increase of 17.5% over the past 12 weeks, indicating strong investor interest [3]. - The stock has also increased by 12% over the last four weeks, suggesting that the upward trend is still intact [4]. - Currently, PHI is trading at 82.3% of its 52-week high-low range, indicating a potential breakout [4]. Group 2: Fundamental Strength - PHI holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like PHI that are on an uptrend with strong fundamentals [2]. - It also mentions that there are over 45 Zacks Premium Screens available for investors to find potential winning stocks based on their investing style [7].