As the market is at bottom and almost all midcaps are at their lifetime low.
Many premium stocks are available at discounted value. I feek this may be the right time to invest. Can someone tell if any stock with strong business presence is available for long term?
The stock should be at bottom.
Posted 3 years, 11 months ago by Rahul Rai
First of all thinking that shares are available at discount is a wrong idea. you should compare the value of share with business nature of company.
A floppy manufacturer may have good balance sheet, but what about the business. He will be having nil revenue as the market does not exist for flopies.
So invest in a stock of a company with good business future. Currently the sectors you can go for are
Consumer goods - Gitanjali gems
Real estate - HDIL
Casino - Delta corp (Rakesh jhunjhanwala is investor and has very less competitors in India )
But i would advice to wait for sometime before investing in any company as Indian economy is in trouble and economy crises are covering India. Better to hold your money in FD for sometime.
Posted 3 years, 11 months ago by Stock Guru
You need to be logged in to reply.