Dangote Cement and UBA Lead Weekly Stock Picks Amid Market Volatility

Despite this, analysts at Cardinal Stone remain bullish on the market’s prospects for 2025, projecting an annual return of approximately 40%, surpassing 2024’s performance.

To help investors navigate the market, Premium Times has curated a list of top stock picks based on fundamental analysis and technical indicators.

Top Stock Picks for the Week

1. Dangote Cement – Undervalued with Strong Upside Potential

Why it made the list:

✅ Trading near its 52-week low, presenting an attractive entry point.

✅ Relative Strength Index (RSI): 13 (indicating oversold conditions).

✅ Price-to-Earnings (PE) Ratio: 14x

✅ Price-to-Book (PB) Ratio: 3.9x

2. United Bank for Africa (UBA) – Trading Below Intrinsic Value

Why it made the list:

✅ Currently undervalued, providing room for appreciation.

✅ RSI: 50.9

✅ PE Ratio: 1.8x

✅ PB Ratio: 0.3x

3. Sovereign Trust Insurance – Positioned for Future Growth

Why it made the list:

✅ Trading below its intrinsic value, increasing the potential for price gains.

✅ RSI: 51.7

✅ PE Ratio: 7.2x

✅ PB Ratio: 0.4x

4. Julius Berger – Near-Term Rebound Expected

Why it made the list:

✅ Trading close to its two-week low, signaling a potential rebound.

✅ RSI: 0.1

✅ PE Ratio: 14.2x

✅ PB Ratio: 1.5x

5. Total Energies – Undervalued Energy Play

Why it made the list:

✅ Significantly trading below its intrinsic value.

✅ RSI: 56.6

✅ PE Ratio: 7.7x

6. Prestige Assurance – Attractive Valuation

Why it made the list:

✅ Currently priced below its fundamental value, making it a potential long-term play.

✅ RSI: 58.8

✅ PE Ratio: 5.1x

✅ PB Ratio: 0.9x

Market Outlook: Should Investors Be Concerned?

While last week’s downturn signals short-term volatility, long-term indicators suggest a strong rebound in 2025. Analysts recommend strategic positioning in fundamentally sound stocks to capitalize on market corrections and potential gains.

⚠ Disclaimer: This is not a buy, sell, or hold recommendation but a general investment guide. Investors are advised to consult a financial advisor before making investment decisions.