Hot Stocks on the Radar!
BUA Cement, NASCON, Dangote Cement Lead This Week’s Top Picks
This is an investment insight, not a buy/sell recommendation. Always consult your financial advisor before making decisions.
The Nigerian stock market continues its winning streak, rising by 2.2% last week, as investor confidence is fuelled by strong earnings, sectoral resilience, and the anticipation of juicy half-year dividends. So far in 2025, the benchmark index has surged by 30.6%, signaling a bullish sentiment that shows no signs of slowing.
According to Meristem Securities, investors’ growing appetite for equities—especially in sectors like industrial goods, financial services, and utilities—is expected to drive further gains. With H1 2025 earnings season in full swing, strategic investors are watching closely for value opportunities.
Top Stock Picks This Week
Curated using performance metrics and market fundamentals:
️ 1. BUA Cement (BUACEMENT)
BUA Cement tops the list following a stunning 428% surge in net profit, hitting ₦181 billion in H1 2025.
• Price-to-Earnings (P/E): 33.4x
• Price-to-Book (P/B): 7.8x
• Relative Strength Index (RSI): 88.9 (Strong momentum!)
Why it matters: Strong fundamentals, impressive profitability, and likely dividend buzz make this a front-runner.
2. NASCON Allied Industries (NASCON)
Currently trading below its intrinsic value, NASCON stands out for its undervaluation.
• P/E: 11x
• P/B: 4.8x
• RSI: 96.9 (Overbought zone—high investor interest!)
Why it matters: Value play with solid fundamentals in the consumer goods space.
3. Dangote Cement (DANGCEM)
Anticipated to deliver a solid interim dividend, this blue-chip stock remains attractive.
• P/E: 14x
• P/B: 3.7x
• RSI: 76.7
Why it matters: Dividend potential + market leadership = long-term investor magnet.
️ 4. Lasaco Assurance (LASACO)
A classic undervalued gem in the insurance sector.
• P/E: 7.6x
• P/B: 0.5x
• RSI: 47.8 (Healthy zone)
Why it matters: Low valuation presents potential for price appreciation.
5. Northern Nigeria Flour Mills (NNFM)
Trading well below fair value, NNFM offers defensive strength in the food processing segment.
• P/E: 10.6x
• P/B: 1.9x
• RSI: 33.5 (Close to oversold)
Why it matters: A potential bounce-back candidate with room for growth.
Analyst Insight:
“As more H1 earnings and dividend announcements roll in, we expect a continued reallocation into fundamentally sound equities,” say analysts from Meristem.
✨ Takeaway:
These stocks are selected based on value, earnings strength, and dividend outlook—not hype. Whether you’re looking to rebalance or enter fresh positions, strategic timing is key. Monitor their movements, evaluate your risk appetite, and when in doubt—consult your advisor.
BUA Cement, NASCON, Dangote Cement Lead This Week’s Top Picks
This is an investment insight, not a buy/sell recommendation. Always consult your financial advisor before making decisions.
The Nigerian stock market continues its winning streak, rising by 2.2% last week, as investor confidence is fuelled by strong earnings, sectoral resilience, and the anticipation of juicy half-year dividends. So far in 2025, the benchmark index has surged by 30.6%, signaling a bullish sentiment that shows no signs of slowing.
According to Meristem Securities, investors’ growing appetite for equities—especially in sectors like industrial goods, financial services, and utilities—is expected to drive further gains. With H1 2025 earnings season in full swing, strategic investors are watching closely for value opportunities.
Top Stock Picks This Week
Curated using performance metrics and market fundamentals:
️ 1. BUA Cement (BUACEMENT)
BUA Cement tops the list following a stunning 428% surge in net profit, hitting ₦181 billion in H1 2025.
• Price-to-Earnings (P/E): 33.4x
• Price-to-Book (P/B): 7.8x
• Relative Strength Index (RSI): 88.9 (Strong momentum!)
Why it matters: Strong fundamentals, impressive profitability, and likely dividend buzz make this a front-runner.
2. NASCON Allied Industries (NASCON)
Currently trading below its intrinsic value, NASCON stands out for its undervaluation.
• P/E: 11x
• P/B: 4.8x
• RSI: 96.9 (Overbought zone—high investor interest!)
Why it matters: Value play with solid fundamentals in the consumer goods space.
3. Dangote Cement (DANGCEM)
Anticipated to deliver a solid interim dividend, this blue-chip stock remains attractive.
• P/E: 14x
• P/B: 3.7x
• RSI: 76.7
Why it matters: Dividend potential + market leadership = long-term investor magnet.
️ 4. Lasaco Assurance (LASACO)
A classic undervalued gem in the insurance sector.
• P/E: 7.6x
• P/B: 0.5x
• RSI: 47.8 (Healthy zone)
Why it matters: Low valuation presents potential for price appreciation.
5. Northern Nigeria Flour Mills (NNFM)
Trading well below fair value, NNFM offers defensive strength in the food processing segment.
• P/E: 10.6x
• P/B: 1.9x
• RSI: 33.5 (Close to oversold)
Why it matters: A potential bounce-back candidate with room for growth.
Analyst Insight:
“As more H1 earnings and dividend announcements roll in, we expect a continued reallocation into fundamentally sound equities,” say analysts from Meristem.
✨ Takeaway:
These stocks are selected based on value, earnings strength, and dividend outlook—not hype. Whether you’re looking to rebalance or enter fresh positions, strategic timing is key. Monitor their movements, evaluate your risk appetite, and when in doubt—consult your advisor.