Indian Stock Market currently at its high range but lots of quality stocks are still quoted at the 50% discounted from its high price.
An opportunity which one could never miss.
Lots of investor still thinks that buying at peak will not be a good investments decision but when it comes to individual stocks then the selection of any scrip should be based on its performance and peers.
In the last year lots of stocks doesn’t even touch the benchmark returns but still posses the tendency to beat the market returns in the coming years.
Stocks that can make you rich
Here’s the list of 15 stocks which could finance anyone’s Financial dream of buying a car, house or any short-term in the long-run thus, possess the tendency to generate multiple returns in the coming months or years.
Note: All the stocks have been compared with its March Ending 2019 Quarterly performance to its preceding quarterly performances. Latest Quarterly (Q1 of Ending June 2019) results are yet to come.
This pharmaceutical company has posted 96% rise in its quarterly sales and available at yearly high-low ratio at 1.85. With its major business in Contract Research & Manufacturing Services (CRAM) to cater the needs of global life science companies. The company’s stock is currently trading at Rs.245.30 at a PE of 20.80, the stock has already given the return of up to 18% to the investors and getting ready to beat its competitor with achievement & performances.
Besides, the rise in their march quarterly sales report of all the above 15 stocks, there are other stocks who has posted at least 14% rise in their march quarterly report and plays a very important role in the Nifty Index and in other sector indexes of the exchange.
Stocks like Coal India, HDFC AMC (Mutual Fund), Avenue Supermart (D-Mart), Siemens, V-Guard, SBI Life Insurance and others are available at discounted price from its yearly high along with the minimum promoter holdings of 55%. In addition, these stocks are known for its dividends, low debt & stable growth with a minimum 15% of its profits invested back in the company for the benefits of their shareholders.
It’s never been late/peak in the stock market to invest money for long-term. It is up to the investor’s research & selection of individual stocks when it comes to identifying wealth creator. All the above 30 stocks has an average market capitalization of at least Rs. 300 Crore with low debt – profit ratio i.e. below 2 and has already given returns up to 80% to investor in its previous year.
The key takeaway for investors is to regularly update their portfolio with the help and guidance of an expert or their Financial Advisor/Planner. As, there are more than 6000 companies traded daily in the stock market with each investor’s dream of making a big move.