Saturday, 26 August 2017

My Strong Stock Recommendations for Year 2017 - Part 2

Posted by RaviKumar Nama
(Published as on 26-Aug-2017)
This post is a continuation to my earlier post My Strong Stock Recommendations for Year 2017 posted on 30-Oct-2016. I am hoping this is the right time to update my recommended stocks. Because of various National and International factors, stock markets are very volatile in year 2017. Probably this volatility may continue in the coming year as well. Last month Markets are over responded with US-N.Korea war signals and Nifty fell down below 10000. But with the good monsoons and stable Government in India,many experts believing that there will be minor corrections in the Market, but Markets will move further in the coming years. However, stocks with good fundamentals will definitely yield good returns in the long run. So, investors with long term horizon need not worry about the Market corrections and to continue buying in fundamentally strong stocks. In this article, I am reviewing on my earlier recommendations and giving my remarks to you.



Performance Report of My Earlier Suggested Stocks:

I have recommended the following stocks on 02-Sep-2016. Approximately after 1 year, see the performance of these stocks. I have already given exit to the stocks of 'Bombay Burma Trading Corp' and 'Zenith Fibres'. Hence I am not quoting these 2 stocks here:



Arex Industries is not moved as expected, hence I am giving 'Exit' to this stock. Trigyn Technologies is having good fundamentals and expecting good results in the coming quarters. Hence, I am giving 'Buy on Dips' to this stocks.

Criteria For Selection of These Stocks:

As I mentioned in my earlier post, I am again quoting here that the following points are considered in selection of the stocks. Apart from the fundamental analysis, I am also considering Technical analysis for entry and exit of the stocks. 
  1. Companies that are existing more than 10 years in the Market
  2. Companies that are having Niche products 
  3. Companies that are showing excellent and consistent performance from the last 5 years
  4. Companies that are having PEG ratios between 0 and 1
  5. Companies that are having PB values between 0 and 3
  6. Companies that are having low P/E values
  7. Companies that are showing 'Strong Buy' indications on Technical charts
  8. Companies that are in safe solvency and the Altman Z-score is greater than 8 (out of 10)
  9. Companies that are having Market Capitalization greater than 50 crores
  10. Companies that are maintaining a healthy and regular dividend payouts  

Conclusion:

The above mentioned stocks are fundamentally and technically strong stocks and these Small-cap companies having potential to become Mid & Large-cap companies in the future. I have chosen each stock from the diversified sectors to make your portfolio a complete diversified. Invest into these stocks in systematic way.


Disclaimer:

This data is for Academic purpose only. The data published on this post is just my opinion, based on my own research and analysis and is provided as a general market commentary. As it does not take into account of your personal circumstances, please do not trade or invest based solely on this information. By Viewing any material or using the information within this post you agree that this is general education material and you will not hold any person or entity responsible for loss or damages resulting from the content or general information provided here. 

3 comments:

  1. Hi Ravi.... I liked your stock selecting criteria, I follow similar pattern but currently looking to buy Mid-cap and Large-Cap companies to buy.

    ReplyDelete
    Replies
    1. Thank you for your inputs. My selection criteria includes all Large, Mid and Small cap companies. Good Mid-cap / Small-cap companies having more chances of the potential to become large-cap companies and your investments may become multiply.

      Delete
  2. Very nice blog and thanks for write this blog and giving such a great news about Stock Recommendations. Thanks
    @Dollar Advisory

    ReplyDelete