CLSA’s 14 picks for multi-baggers
CLSA has recommended 14 stocks which can become multi-baggers in next 3-5 years
Mindtree,
Bajaj Auto
Havells
SKS Micro Finance
Sintex
Glenmark
Jyothy Lab
Sun Pharma
There stocks can grow by 15 % compounded over the next 3-5 years.
He also suggested buying these stock at correction -
Bajaj Auto Finance
Balkrishna Industries
PTC India
PTC Financial Services
LMW
Bharti Infratel and
Voltas (target 292)
Tata Communication - (target 450)
Phoenix Mills - target 390
Motherson sumi - target 410
Buy at corrections. At some point of time a 10 % correction will take place. That's the cue to enter the market. We would advise buying once a 6-8 per cent correction has taken place. Don't buy at one shot, always spread it over.