• On the Money on Ayala Land (ALI)

    On the Money on Ayala Land (ALI)

    While a lot of supposed market technicians were advocating a ‘sell’ on Ayala Land, Inc. (ALI) at Php33.00 since it rebounded from its January 2016 low, we actually thought otherwise as the stock had a higher probability, considering its earnings growth of 19%, to breach the Php33.00 marker and head to Php37.60. Following its move