Which Are The Top Five Stocks To Invest In Over Next Five Years?#AskBQ
#AskBQ is BloombergQuint’s daily offering where market experts help investors make the right investment choice in the equity market.
In today's episode, Jignesh Mehta of Kiranjadhav.com and Vikas Sethi of Sethi Finmart share their views on Adani Enterprises, Kotak Mahindra Bank, Phillip Carbon, and Firstsource Solutions among others.
Watch the full conversation here:
BJ Rao: I hold 1,000 shares of Reliance Capital at RS 482 since 2008. Can I hold it for five more years?
Vikas: Holding for another five years is not recommended. The investor should be exiting the stock. I recommend a sell.
Girish Patil: I need a near-term view on Cadila Health. I have bought the shares at Rs 424.
Jignesh: Cadila Health is a good stock to invest in. He should keep a stop-loss at Rs 390. The target for the next 3-4 months is Rs 465-470 levels.
Mayank Saraf: I need a short-term target for Talbros Auto.
Jignesh: The stop loss should be at Rs 285. The target for short-term should be Rs 325-330 levels.
Deepak Batra: I need a long-term view on LT Foods.
Vikas: I would recommend a hold but not fresh buying at current levels.
Puneet Nanda: Can I buy Kotak Mahindra Bank with a long-term horizon?
Vikas: It can be entered at current levels. The asset quality is much better than other private-sector banks.
M Kumar: I hold 250 shares of Phillips Carbon at an average of Rs 237. I need a short-term view?
Jignesh: The stock looks strong on charts; Rs 230 is the stop-loss. And , it can reach the earlier highs of Rs 280.
Chandra Sekar: I own 45 shares of HUL bought at Rs 1,743. Please advice.
Jignesh: Stop-loss of Rs 1,500 is advised and a target of Rs 1,750 is expected for medium to long-term.
Amit Kedia: I want to invest Rs 5 lakh in the next five years. Which are the five good companies to invest in?
Vikas: One needs to invest in good quality large cap stocks. I would recommend Reliance Industries, Sun Pharma, HCL Technologies, Bajaj Finance and ITC.
Saurav Pathak: Is it a good time to invest in L&T Finance with a short-term view?
Jignesh: It is a recommend for both short and long term. Rs 155 is a good support for short-term and his first level of targets should be Rs 185-190 levels.
Risabh Tiwari: I have bought 500 shares of Mahindra CIE for short-term at Rs 232. Should I hold or book profits?
Jignesh: The short-term target should be Rs 305-310 but I recommend at least 50 percent profit booking at current levels.
Bhavani Shankar: I hold 500 shares of Suven Life. What is your advise for a two-month investment period?
Jignesh: It is taken an unprecedented rally in last three to four years. I would recommend to book profits.
Udheek Sood: I hold 3,000 shares of Rs 38 of Firstsource Solutions. What is your view for next three to five years?
Vikas: It is a good quality stock. He can continue to hold on to the stock at current levels.
Sharath: I have bought Adani Enterprises at Rs 139. Should I exit or hold?
Jignesh: It has fluctuated in the last few days. The highest level of Rs 171 should be the target and Rs 139 should be the stop-loss. The stock is not good for long-term as it has shot up very quickly as well in the recent past.
Analyst disclosures: Both the analysts do not hold any stocks that were discussed today.
Disclaimer: The commentary on BloombergQuint represents the view of external experts. Investors are advised to consult a certified financial advisor/planner when making any investments. No views shared on a BloombergQuint program or story or conversation should be construed as personal advice.
Quintillion Business Media Pvt. (BloombergQuint) is not responsible for any risk or loss that might occur as a result of using this information in any way, regardless of your interpretation of the advice.
BloombergQuint’s digital and social media platforms provide views of only SEBI registered investment advisors/analysts.