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3 Stock Picks for 10 Years

Discussion in 'Fundamental Analysis' started by spmuralisp1, Oct 1, 2012.

  1. spmuralisp1

    spmuralisp1 New Member

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    Dear Shabbir Bhimani,

    i would like start SIP for Long Term (5 Yr to 10 Years)for INR 500 Per Month,which stock will best return 12% CAGR Vs RD? Please advice 2 or 3 stocks ?

    thanks & Regards
    SP.Murali
     
  2. shabbir

    shabbir Administrator Staff Member

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    For 5 to 10 yrs picks would be midcap stocks like

    1. HiTech Plast
    2. Pidilite
    3. V-Guard
    But 500 Rs per month in stock means you are at times not able to buy even 1 unit and so check out that part as well.
     
  3. naveen1241

    naveen1241 Responder

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    Hi Shabbir,

    What are the reasons you are so upbeat on HiTech Plast in the long run ? What prospects make you park your money in this share which has no activity at all for quite long ?

    Thanks
    Naveen
     
  4. shabbir

    shabbir Administrator Staff Member

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    For 5+ years it is always the sales which is going great for the company. Good management, Good dividend and it is one of those business that is focused more towards Indian consumption.

    I am looking on this stock for atleast 3 years+ perspective and is holding more than what average daily volume in this stock is
     
  5. naveen1241

    naveen1241 Responder

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    What are the long term views on MOIL ? Also what does the charts suggest ?
     
  6. shabbir

    shabbir Administrator Staff Member

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    You should not be reading charts for time horizon is 10 years
     
  7. naveen1241

    naveen1241 Responder

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    Yes, the forum read 10 years...and i forgot that

    My idea was to buy it if the charts signal buy and if it doesn't move up. No probs. I could hold it as well..
    :)

    Thanks
    Naveen