which stock is best to buy now

which stock is best to buy now

Introduction-

There are several companies that have seen their stock prices skyrocket in the past three months. They include HDFC Bank (HDFCBANK), HUL (HINDUNILVR), Maruti Suzuki (MSICOM), TCS (TCSIN) and Wipro Ltd.(WIPRO).

If you have a moderate risk profile and are in search of stable long-term gains, you may want to consider buying into the following stocks.-

If you have a moderate risk profile and are in search of stable long-term gains, you may want to consider buying into the following stocks:

  • Market cap: $20 billion
  • Net worth: $18.1 billion
  • 52-week high: $49.96 (Jan 20th 2019)
  • 52-week low: $9.81 (Jun 16th 2018)

CAGR over the past five years is 13%

HDFC Bank (HDFCBANK)-

HDFC Bank is a leading private sector bank in India. It has a net worth of Rs 1,41,149 crore and is the largest private sector bank by market capitalization. The company has been listed on the BSE since 1996 and was founded in 1865 as Hindu Commercial (Private) Bank Limited. In 1999 it merged with Templeton Investment Corporation Ltd., which had been created by mutual funds to form HDFC Mutual Fund Trust Ltd., which then merged with ICICI Prudential Life Insurance Company Limited (formerly known as “ICL”).

The bank’s current CEO is Arundhati Bhattacharya who took over from Vijay Shekhar Sharma on May 16th 2017 after he left to take up another job at Axis Bank.[2]

With an excellent market cap of Rs 8.64 lakh crore and a net worth of Rs 1,41,149 crore, HDFC Bank is one of the best bets for investment. The stock is currently trading around Rs1,270 with its 52-week high at Rs1,489.50 and low of Rs1,137.90. –

With an excellent market cap of Rs 8.64 lakh crore and a net worth of Rs 1,41,149 crore, HDFC Bank is one of the best bets for investment. The stock is currently trading around Rs1,270 with its 52-week high at Rs1,489.50 and low of Rs1,137.90. With its earnings per share (EPS) growing by 17% in FY2023 at 12%, it’s also a clear winner when it comes to yield over capital appreciation ratio (YOCA).

ITC (ITC)-

It’s a bit surprising that ITC has been able to keep its costs so low, because the company is the largest cigarette maker in India. It also makes food products and hotels, but it’s best known for its cigarettes.

ITC has a market cap of Rs13.97 lakh crore and net worth of Rs1,02,846 crore. This puts them at number seven on our list of best stocks to buy now—and we think they’ll be here for some time to come!

During the last ten years, ITC Ltd has delivered a CAGR of 25%. In its journey from being a tobacco company to an integrated FMCG player and now to a diversified business conglomerate, ITC’s turnover jumped from Rs11.3 billion in 1968 to Rs72.5 billion in FY15. –

During the last ten years, ITC Ltd has delivered a CAGR of 25%. In its journey from being a tobacco company to an integrated FMCG player and now to a diversified business conglomerate, ITC’s turnover jumped from Rs11.3 billion in 1968 to Rs72.5 billion in FY15. The company is also currently one of the largest private sector employers in India with over 80,000 employees across various businesses including food and beverage processing (I&L Foods Pvt Ltd), tea trading (Tatas Tea Co Ltd), cigarettes manufacturing (ITC-Philip Morris India Pvt Ltd) and liquor distribution (United Spirits Limited).

HUL (HINDUNILVR)-

  • HUL is the second largest FMCG company in India.
  • It has a market cap of Rs 1.15 lakh crore and a net worth of Rs 1,21,845 crore.

Where to invest in 2022? –

There is no one “best” stock to buy right now, but there are a few that may be worth your attention. GlobalData’s analysts recently released their list of the world’s 10 best performing stocks for the month of February. Some of these companies include Amazon (AMZN), Facebook (FB), Microsoft Corporation (MSFT), and Google Inc. (GOOGL).

While it is always important to consult with an investment advisor before making any investments, these five stocks represent some good opportunities for long-term growth. If you’re looking for a way to add value to your portfolio without overspending, then these could be ideal candidates!

While there are many factors to consider when it comes to stock selection, one of the most important is a company’s ability to generate earnings growth. This can be determined by reviewing past earnings reports and analyzing trends in key areas such as sales, income, and margins.

Additionally, you should pay attention to a company’s financial stability as this will indicate that its operations are sound. You should also check out how well its shares are performing relative to industry peers and whether or not it has been able to maintain consistent growth rates over time. lastly, take into account any catalysts that could potentially impact the stock price (such as announcements about new products or services).

Conclusion-

Stocks are a great way to build wealth and increase your income. They can also help you stay on top of the markets, because they allow you to diversify your investments with one purchase. There are many different types of stocks out there, but some general rules apply:

Never buy a stock that has fallen more than 15% in the last 52 weeks (the length of time it takes for an index fund to double). This is called a bear market and means it’s time to reassess whether or not this particular stock is still worth investing in at all.

Make sure the company behind the stock has enough cash on hand – especially if they’ve been operating at a loss over one year period (or worse). If not, then you may want to rethink your investment strategy altogether!

Not all stocks have intrinsic value – meaning that they will always be bought up by investors because they believe in its potential growth rate over time. Some investments can lose money right off the bat before making back their initial investment cost later down line (#1 above). If this describes them then avoid these companies altogether!

There are several companies that have seen their stock prices skyrocket in the past three months. They include HDFC Bank (HDFCBANK), HUL (HINDUNILVR), Maruti Suzuki (MSICOM), TCS (TCSIN) and Wipro Ltd.(WIPRO).

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