Some stocks are available cheap now, which is having buy recommendation. The below listed companies has strong fundamentals and you can expect a good return in an year.
Please note: All of the below stocks suggested based on the market situation and price dated 24.11.2014
Large Caps
1) ONGC
Oil price is becoming low and stock price also reduced in the last few months. You can accumulate on further price reductions and expect a good return at the end of the year. This company has good market capital.
2) Jindal Steel
This stock also looking cheap and touched its 52 Week Low value. By seeing past history this company not performed that much but having good fundamental and good capital to move further
3) NMDC
This stock price reduced around 10% for the past one month. It has an uniform growth. So please allocate your less scope on it. This stock will pay a good dividend
4) Cairn India
Due to major oil price reduction this stock got severe reduction in price. So accumulate as much as you can. It will give a positive boost and available for 52 Week low price
Mid Caps
1) Spicejet
CEO of spicejet has good scope on his profit in the upcoming years. Spicejet is a major competitor and performing good in all values and filling almost all seats to endeavor earning. Sun group may sell their stacks in this stock. So this will be a boosting news for them to hold this stock
2) Suzlon Energy
For the past few years it gave heavy loss for most of the shareholders. But it is also trading in huge volume in Both NSE and BSE. This shows the aggressive on this stock. So just accumulate at lower price less than 25.
Small Caps
1) Alok Industries
2) Gujarat Cotex
3) Visesh infotecnic
4) VKS Projects
5) Rasoya Proteins
6) Esaar (India)
The above small caps stocks has high risk but it may give enormous returns for the aggressive long term traders. Please keep bull eye on the above stocks to see a good returns in few months.
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