Experts say that the market’s weakness has improved the valuation of many large-caps stocks.
Over the past few months, continuous pressure is seen in the stock market. Factors such as geopolitical tension, trade war and crude prices are likely to remain in the market even further. Experts say that the market’s weakness has improved the valuation of many large-caps stocks. In such a way, good returns can be achieved by investing in them.
Stock Specific Investment Advice
Amit Harachkar, director of Index Genius Investment Advisors says that new investors are not coming in the market. Investments from mid-cap and small-caps are emerging between the uncertainty in the market. FIIs are selling continuously. In this case investors will be advised of stock specific investment.
Market expert Sachin Sarvade said that between the ups and downs of the market, investors should invest in select stocks. Large corrections have been made in largecap stocks, which has improved their valuation.
What stocks invest in
L & T
Returns – 44%
Construction and engineering company Larsen & Toubro received an order of 1.5 lakh crores in the financial year 2018. The company is expected to get bigger projects from the government in 2018-19. Before the general elections in 2019, the Central Government can announce big projects. The company can benefit from Apart from this, the company can continue non-core business devastants under the Strategic Plan. Sachin has advised to invest in the stock with a target of Rs 1800. Current prices can get returns up to 44 percent in stock.
Returns – 14%
Housing Development Finance Corporation Limited (HDFC) is a Mumbai based Leading Housing Finance Company. The company is also in Banking, Life and General Insurance, Asset Management, Venture Capital and Education Loan. In the fourth quarter, HDFC Ltd’s profit increased by 39% to Rs 2846 crore. Loan Growth is 18% on Annual Basis. Amit has given the target of Rs. 2147 for the share. Current price can get a return of 14% in the share price.
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