Top four stocks Rakesh Jhunjhunwala likes
Speaking at a CII conference yesterday, Jhunjhunwala of Rare Enterprise said, "One should buy companies which have strong managements and good corporate governance. Always look at opportunities with tremendous growth potential."
Big bull Rakesh Jhunjhunwala is betting on four stocks - Rallis India, Titan, Colgate Palmolive and Praj Industries. Also read - Rakesh Jhunjhunwala Latest Portfolio Holdings
He explains why he's betting on the above-mentioned four stocks:
Colgate Palmolive: The first thing which investors should look at is 'opportunity'. Without opportunity, there can be no economic activity and without economic activity, there can be no profitability. For example, if we look at Colgate Palmolive, I look at the present demand for toothpaste in India and the potential for growth...