Stocks to BUY TODAY - ALL OMCs (Oil marketing Companies)
Suggest to buy on dips. If you are a long term investor, the best stocks to buy are:
1) IOCL (Indian Oil Corporation) - With humongous increase in revenues and profits, this might become an index stock and might eventually trade at a good premium. This means that target of approximately 1200-1400 in 3 years is a total probability.
2) MRPL - The cheapest Petroleum stock with minimal stock available in market as 88% is promoter owned. Suggest to keep buying for a target of 400-500 in 3 years.
3) Spicejet - With recent changes in industry, this is a turnaround story that is going to grow. It is around 60 - catch it for a target of 100 within 1 year. Also, with change in rail fares (increase) and decrease in air-fares, airline industry is going to do better business in coming years.
4) RIL - Keep buying on dips for a 3 year time frame. Relicance will eventually list JIO as well in stock market and that day all RIL people are going to enjoy their way to huge profits. Earning potential and target - 1700 in 2 years but if JIO gets listed, expect total earnings for each share to be much more.
Suggest to buy on dips. If you are a long term investor, the best stocks to buy are:
1) IOCL (Indian Oil Corporation) - With humongous increase in revenues and profits, this might become an index stock and might eventually trade at a good premium. This means that target of approximately 1200-1400 in 3 years is a total probability.
2) MRPL - The cheapest Petroleum stock with minimal stock available in market as 88% is promoter owned. Suggest to keep buying for a target of 400-500 in 3 years.
3) Spicejet - With recent changes in industry, this is a turnaround story that is going to grow. It is around 60 - catch it for a target of 100 within 1 year. Also, with change in rail fares (increase) and decrease in air-fares, airline industry is going to do better business in coming years.
4) RIL - Keep buying on dips for a 3 year time frame. Relicance will eventually list JIO as well in stock market and that day all RIL people are going to enjoy their way to huge profits. Earning potential and target - 1700 in 2 years but if JIO gets listed, expect total earnings for each share to be much more.