- |Sustained consumer spending brings $jfc as among the favorites|
- | Smashburger & CBTL’s to profitability adds a positive element to the outlook |
- | Confidence of prospects for the the year remains leading |
| A promising $JFC |
Despite investors unloading shares of Jollibee Foods Corp. for the majority of 2019 due to profitability concerns, the stock may once again be back on the shopping list with one analyst saying the current stock price is already at a bargain.
The Caktiong-led company was the ninth most traded stock last week, with P381.92 million worth of 1.77 million shares exchanged hands on the local bourse during the two-day trading week from Jan. 2 to 3, data from the Philippine Stock Exchange showed.
January 6, 2020 9:09 am