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Best stock to invest in by SIP

Discussion in 'Fundamental Analysis' started by paresh_gujarati, Aug 14, 2018.

  1. paresh_gujarati

    paresh_gujarati Member

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    I am going to invest a sum of 1000 in stock of a good company. Kindly share those stocks which are best for long term investment by SIP.

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    paresh_gujarati, Aug 14, 2018
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  2. avrajq

    avrajq Member

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    I would suggest Tata Motors. The stock is available at a cheap price as Price to Book Value is less than 1. The stock price is at a new low. This is the right time to start an SIP in this stock. Being a Tata group company and a prominent player in the Auto segment, the long term prospects are quite good. Keeping a horizon of 2-3 years, one can earn good returns. Incidentally, I have started an SIP in this stock from this month for a period of 24 months.
     
    Last edited: Aug 14, 2018
    avrajq, Aug 14, 2018
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  3. rahul_majumdar

    rahul_majumdar Member

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    Dear Paresh,
    If you have to do SIP, better is to go for a multicap fund for a period of 10 years. This will allow your investment to grow over a period of time along with the safety of diversification that the fund would offer. You might also look at NIFTY ETF for that matter if your horizon is for a longer time.
    Avoid investing in a single stock as it allows carries a potential risk .
     
    rahul_majumdar, Aug 14, 2018
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  4. mk27418

    mk27418 Active Member

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    I will suggest to invest SIP in Mutual Fund rather than stock.
     
    mk27418, Aug 14, 2018
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  5. shabbir

    shabbir Administrator Staff Member

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    Exactly. And still if you prefer a stock SIP, go with a ever growing sales stocks from the coffee can portfolio.
     
    shabbir, Aug 15, 2018
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  6. nirajshah

    nirajshah Champion

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    Or even in your portfolio as well

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    nirajshah, Aug 15, 2018
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  7. paresh_gujarati

    paresh_gujarati Member

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    What is meant by coffee can portfolio?

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    paresh_gujarati, Aug 16, 2018
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  8. chaitanya_mella

    chaitanya_mella Contributor

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    chaitanya_mella, Aug 17, 2018
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  9. manickarajan

    manickarajan Responder

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    manickarajan, Aug 18, 2018
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  10. chaitanya_mella

    chaitanya_mella Contributor

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    chaitanya_mella, Aug 20, 2018
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