Best time to buy a stock ? Well what better than a recession when even the best in the business is available at a steep discount ! TCS is my 1st choice at the moment. Why ? Well, following points speak for itself (1) 2nd Largest IT company in the world with no worry of future business. (2) Largest company of Tata Group which is the largest business group of India. App. 70 % of profit of Tata group come from this single company. (3) Continuously growing top line and bottom line of business (4) Available at reasonable valuation with PE multiple of 29 (5) Regular buy back ensures value addition for share holders (6) Major company in both Sensex & Nifty and hence bought by both Indian as well as Overseas investor. When FII will come back, they buy blue chip shares like TCS first. (7) Operational for more than 5 decades now with consistent performance track ...
Market Crash prediction turned out to be true.
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- X
- ईमेल
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Even though it is difficult to predict the future, but i did try..... and guess what...... Market behaved exactly same way as predicted. Check my blog as follows where I projected grim stock market picture way back on November 15th, 2021.
https://sharemarketwithgujjubhai.blogspot.com/2021/11/stock-market-crash-soon.html
Well there is no magic. All you need is common sense and unbiased view of the market. Bubble was already in the making and was about to be burst. All it needed was an excuse !! Let's assume that there is no Ukrain war or Inflation pressure around, still, it would found an excuse to fall. Indian markets were over bought and costliest in the world. It fell because it was supposed to.
Be wise and invest sensibly
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- ईमेल
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इस ब्लॉग से लोकप्रिय पोस्ट
5 Best Penny Stocks in India (4) 3i infotech
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