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.