Thursday, October 31News That Matters

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.

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