Wakandaforever
Wakandaforever

Good stocks for 2024

Given markets are at an all time high, what are some good stocks still undervalued and can give great returns?

10mo ago
Dos
Dos
Tactic10mo

If it were so easy, every other household would have a Rakesh Jhunjhunwala.

But okay, let me assist you with a few things that can help you with it.

  • Write down your return expectations

  • Write down the loss of capital that you can digest.

  • If your return expectation is 20-25% at the end of the day, go with some Smallcase or a high risk mutual fund (if it fits with your risk appetite)

  • If your return expectations are more & you can take significant risk, go with some sort of positional trading strategy like - Arbitrage or Momentum.

This should be helpful, if not for you then for someone who is reading it.

PS - if you're interested in Stock trading, you can check out www.tactic.money

Get Quant based Trading Strategies & Automated Trading.

ElonMast
ElonMast
Amazon10mo

Some of the buckets you can explore - Financials & ITES.

Try using screener.in to check the valuations and make a choice basis your risk/rewards expectations.

Wakandaforever
Wakandaforever
Slice10mo

Yes. Regularly use screener.

Eyeing on:
Railway- Titagarh, Rites Infra - IRB, KNR, NCC BFSI - HDFC, CDSL, IDFC, SBI Cards

Not able to finalize energy and ethanol sector

YellowTooth
YellowTooth

@randomly when market is in a bill run - fundamentally strong companies will go up. These companies are historically been overvalued during a bull run, the opposite with a bearish market, it could do really bad during a bear run and hence these stocks become undervalued.

Wherever you invest, make sure to diversify your portfolio. Don’t just buy one stock and believe that it will make you rich. Find sectors like banking, financial services, insurance, health care, real estate all can go up during this time.

I anticipate a 20% correction soon. But I believe the market would do well until the elections, so invest sensibly. Good luck!

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Curated from across
ChiggyVsTomato
ChiggyVsTomatoSwiggy10mo

How do you pick stocks ?

With so many companies at all time high, how are you looking for good undervalued stocks picks. Looking for good fundamental stocks with investment horizon for 1-2 years.

Any app or investment house which shares good picks ?

Changemaker
ChangemakerStealth6mo

Value Investors

Which stocks according to you are undervalued and why(Ind and US stocks)

For me - Meta, Weibo and alibaba are significantly undervalued.(All US listed)

salt
saltGojek11mo

What do we think? JPow with the rate cuts is going to get us some nice returns hopefully 🤞

Loving how 2024 is looking actually. Getting rid of my cash position and all in on equity. Plus, locking in the good interest rates FDs. Not seeing lucrative returns on FDs till the next quantitative tightening now.

Godspeed! Time to...

SabChangaSi
SabChangaSiStealth10mo

Best funds for greater than market returns?

Hey guys I have an investment horizon of >10 years and am willing to commit to a fund that offers more than 12-14% (nifty returns). I don't want a extreme amount of risk (think micro cap/ very risky small cap funds). I'm okay with ~18% r...