Stocks that can add Prosperity – This Diwali
Diwali is an auspicious day; when everyone wants to earn extra money. In India, Diwali is the festival of prosperity and financial growth and people plan their financial goals for the year. Diwali is the festival of lights which symbolises optimism and wealth creation.
Traders and Investors wait eagerly for Diwali to mark the beginning of new investments. Dynamic Levels suggests investing in fundamentally good stocks. It has been observed that fundamentally sound scrips offer promising returns and have the potential to help traders and investors achieve their financial goals.
Simplifying the means to identify a good stock for Diwali, for long term and short term investments below:
List of Fundamentally Good Performing Stocks :
The above stocks have performed in the month of October 2016. Therefore, fresh buying has been observed in these stocks and they have the potential to multiply your investment many fold. The above stocks have registered growth in EPS, have investment of institutions, less than 2 Debt to Equity ratio and low PE ratio compare to its Peers.
Correction in these stocks is lucrative opportunities to go long and hold over a period of 1 year.
Three Sectors which have recently attracted the major chunk of investments are Auto- Auto Ancillary and Components, Chemicals and Financial Services. Further Investments in these sectors can yield attractive return in next one year.
Below are the lists of the top 20 fundamentally good stocks that have performed since the last Diwali
Post Your Ad Here
Comments