Persons who compiled this report may have an interest in securities commented on in this report. Revisions to earnings per share are ongoing, based on receipt of new information. Expected values will change as stock prices fluctuate and result in movements in and out of the lists weekly. IC TOP10 stocks are likely to deliver the best returns up to March 2021 and ranked in order of potential gains, based on likely gain for each company, taking into account the earnings and PE ratios for the current fiscal year. The average projected gain for the Junior Market IC TOP 10 stocks is 185 percent and 130 percent for the JSE Main Market, based on 2020-21 earnings. The Main Market TOP 10 stocks trade at a PE of 9.2 or 56 percent of the PE of that market. The PE ratio for the Junior Market Top 10 stocks average a mere 7.6 at just 52 percent of the market average. The JSE Main Market ended the week, with an overall PE of 16.4 and the Junior Market 14.6, based on ’s projected 2020-21 earnings. The Junior and Main markets are currently trading well below the market average, indicating strong gains ahead. The local stock market’s targeted average PE ratio is 20 based on profits of companies reporting full year’s results, from now to the second quarter in 2021. With expected gains of 125 to 315 percent, the top three Main Market stocks are, Berger Paints followed by Grace Kennedy and Jamaica Broilers. The top three stocks in the Junior Market with the potential to gain between 208 to 373 percent are Lasco Financial, followed by Caribbean Producers and Elite Diagnostic. Before the month ends, expect results from Caribbean Cement, QWI, NCB Financial, Barita and the three Lasco companies. Investors should be on the lookout for new quarterly results with Express Catering and Margaritavillle and should release results this week. The current TOP 10 report is based on earnings for 2020/21 as there are substantial gains ahead, for many stocks in the listings. Lasco Manufacturing rose in the past week and moved out of the TOP10 Junior Market ranks, with Honey Bun replacing it. The stock moved from the fourth position last week to seventh this past week as it gained 24 percent for the week. An indication of increased interest is the exchange of 4 million shares on Friday. ![]() Directed by Vipul Mehta, Produced by Rashmin Majithia and soulful Music by Sachin-Jigar, Chaal Jeevi Laiye is a film thats all about living life to the fullest. Jamaican Teas gained 25 percent since December and seems poised to move higher as interest in the stock grows since the announcement of a three for one stock split late last year. The escapade turns out to be an experience as more surprises and realizations wait their way to happiness, opening new doorways to the meaning of life. The stock gained 50 cents at the close on Friday but traded as high as $5 during the week and moved from fifth spot last week to ninth position on the 2020/21 TOP10 list. Caribbean Cream posted continued growth in sales for the November quarter and almost doubled profit for the nine months period and increased it by 37.5 percent for the third quarter. The stocks still have much room for growth in the year to benefit from a strong increase in revenues. ![]() The Junior Market is up 2.4 percent since the 2020 close and is a few points away from the level reached at the close of March 5 last year, having surpassed the April high, as the bullish golden cross takes full hold on the market to launch a big rally.ĭuring this past week, IC TOP 15 selections MailPac, Caribbean Cream and Jamaican Teas all posted gains with Mailpac hitting a series of record highs this past week and closed at $3.75 up 30.6 percent since the end of 2020 and is now well outside of the 2021 Top 15 list for Junior Market stocks. The Main Market slipped a bit to end the first half of January, with a modest loss but technical indicator points to it heading towards the 460,000 points level on the All Jamaica Composite Index, soon. It does not store any personal data.Stocks left to languish at depressed prices for months are coming back to life as some investors are now seeing the light of the huge potential profit in Junior Market stocks compared to their senior counter paths in the Main Market. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. ![]() The cookie is used to store the user consent for the cookies in the category "Performance". This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other. ![]() The cookies is used to store the user consent for the cookies in the category "Necessary". 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