Friday, March 7, 2008

Best stocks for 2008

Indian stock markets Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) has been seen more volatility from February 1st onwards due to short selling by big
institutions. 500-1000 point intra-day swings will become common due to SEBI’s new policies.

Top Stock for 2008 / Best Stock picks for long term investors:

1. Reliance Communications:
• GSM subscribers will increase.
• According to rumours, apple may give iphone contract to R-Com.
• business of Rcom is less dependent on American financial system.

2. Reliance Petroleum:
• It will unlock its true value 2-3 months before the commencement of refinery.

3. Glenmark Pharma, Educomp solutions and Divis Labs:
• Announced wonderful results
• Good performance for the last 2 years.

4. L&T:
• High valuations.
• Demerger of L&T in 2010 will surely benefit long term investors.

5. Reliance Industries:
• Buy this stock below 2500 and wait for 1 year.
• Reliance Retail and Reliance Life Sciences may list in the markets in the coming days.

6. Welspun Gujarat:
• This stock is Fundamentally sound stock.

7. Among metal companies, we Stock Market Prediction prefer Jindal Steel while ABG Shipyard is a good one in the shipping sector.

8. Among financial stocks we Stock Market Prediction prefer SBI and PBN bank.

9. BHEL and ACC may give decent returns for long term investors during 2008.

Stock Markets Prediction View on Stock Market:

1. SEBI allowed FIIs for short selling in Indian Stock markets from February 1st which has given more volatile markets.

2. Stock investments may not give you stunning returns but if you invest in accumulating manner for long term, you will get decent returns.

3. Retail investors should stay away from derivatives and penny stocks. Invest in fundamentally good stocks at reasonable valuations.

4. Investors in Tata Steel (corus), Hindalco and Tata Motors (Nano) will need to wait 2-3 years to get real benefits.

5. Tata Chemicals and Matrix Labs are best stocks for long term investors.

Accumulate the above mentioned stocks at reasonable prices and wait for 1 year to get decent returns.


janakirao said...

your estimation is right