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Tuesday, August 11, 2009

Bull's Eye: Stocks To Buy Today

The strategy remains the same; the strategy would be to look for stocks, which are undervalued, which are under research in order to find stocks which can give investors return not just today but over a period of time also. Today I have chosen a stock called Natco Pharma because its one of handful of Indian companies which manufactures swine flu drug coupled with excellent fundamentals and financials and research capabilities. Target for today is Rs 92.

“The second stock is Ansal Properties; this has been chosen primarily on account of the huge land bank, which the company owns in northern India and sheer undervaluation of the stock. Target for today is Rs 58.50 paisa.”

“The third stock is Oudh Sugar; this is chosen mainly on account of the fact that sugar prices are on their 30 year high and this company had imported a lot of raw sugar in the month of February-March and it also holds inventory which will lead to higher profits going forward. Target for the stock is Rs 73.80 paisa.”

“The fourth stock is Empee Distilleries; this has been chosen mainly on account of its strong foothold in the southern Indian markets and its improving financials and significant discount to the initial public offering (IPO) price of Rs 400. The target for the stock today is Rs 136.”


source: MC

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