I normally desist from giving out right stock recommendations, not because I cannot, but because my outlook is 15-20 years whereas a lot of my readers despite my advice have short term views. This leads to a dichotomy. My recommendations are for wealth creation. At times, for three years the stock will remain stagnant and then double in the next six months. It has happened three times in the last four years with me. Piramal Enterprise, Indraprasth Gas and Thomas Cook.
But a lot of readers ask me to publish some recommendations. I published my first stock idea of Axis Bank at Rs 1006 pre split. If somebody had bought 1 share, it would be 5 shares @ Rs 560. So Rs 1000 has become Rs 2800 in 3 years. Some like Piramal and Indraprasth Gas have become 3x-4x ideas.
Most of the times, stocks and businesses are there but they are ridiculously priced. Thus, I have no recommendation to make. I have now analysed another long term prospect — faujifinance-stock-idea-wonderla-19-oct-2016 (WHL). My analysis is in a pdf file which you can download. I analyse firms like an artist. The numerous ratios and numbers any website will give you, if you so desire.
Happy Karwa Chauth to the Women readers and Happy Diwali to all of you. Thanks for your committed readership.