PLDT Inc. upgraded by David Dreman's model, rating increased from 76% to 83%.
From Nasdaq, Inc.: 2024-11-15 06:05:30
PLDT INC (ADR) (PHI) has been upgraded by Validea’s Contrarian Investor model based on the strategy of David Dreman. The stock is a mid-cap value stock in the Communications Services industry. The rating changed from 76% to 83% based on improving fundamentals and valuation. PLDT Inc. is a Philippines-based telecommunication company operating through three segments: Wireless, Fixed Line, and Others. The stock meets some of the strategy’s criteria including price/cash flow and return on equity, but falls short in others such as EPS growth rate and price/book value. David Dreman’s Kemper-Dreman High Return Fund has a strong track record, ranking as the best among 255 funds in its peer groups from 1988 to 1998. Validea is an investment research service that follows the strategies of investment legends like Warren Buffett and Peter Lynch.
Read more at Nasdaq, Inc.: Validea David Dreman Strategy Daily Upgrade Report – 11/15/2024
