As there are two faces to a coin there is scope for arguments in both ways. Though I largely agree with the above list of stocks, i beg to differ on specific stocks for the following reasons.
Reliance Petroleum and reliance industries are worthy picks on any dips since oil is the major source of energy and refining margins are going to increase.
While I agree with the suggestion of Tata Steel and strongly feel that the stock has got much more hidden valuations in reserves and investments in group companies.
Tata Steel is utterly under valued stock at present and a relook at its valuations like reserves and investments speaks volumes. It is really worth more than many a times to its market price.
Regarding GujNRE Coke and Hindalco people have to be cautious for the reasons that the stocks are not behaving well and many investors lost money as they are moving with the commodity cycles. Guj Nre coke moves according price changes of coaking coal and hindalco with alluminum. If any recession in Americam economy takes place it is predicted that metal stocks donot fare well. However Tata Steel is an expection for its hidden value of investments.
Regarding other stocks I do feel that the valuations are stretched and much more better stocks at lower valuations are available for investment.
Re: 10 stocks to make...
by satyanarayana tumuluri on Feb 28, 2009 12:48 PM Permalink
hi satyanarayana Tumuluri I read your article on stocks and I am happy to bring to your notice that even my name is also "satyanarayana Tumuluri" and I live in california -USA.I LIKE TO KNOW ABOUT U
RE:10 stocks to make young investors crorepatis.
by jagdish raju on Jan 30, 2008 03:33 PM Permalink
Good Work ...Tumuluri ... Keep it up. Your views seems sound.
RE:10 stocks to make young investors crorepatis.
by KUNAL GOLEY on Feb 04, 2008 02:59 PM Permalink
Hi Satyanarayana, Though I'm a newbee with stock mkt investments, your observations look good to me. Can you suggest some good stocks that are under valued and look good in short as well as long term - even if there's a possibility of US recession? Thanks
RE:10 stocks to make young investors crorepatis.
by kris reynolds on Feb 02, 2008 05:19 AM Permalink
i like the outlook about tata steel...a view at US recession is also important....tata seems to have the means by which it could protect itself from such a seemingly inevitable future...
