Top 10 Stock Picks For 2019 That Can Make You Rich

Top 10 Stock Picks For 2019

From market correction to bullish movement, this year market faced almost every phase. In the last 12 months, SENSEX and NIFTY rallying 10-11%. We can assume that the coming year is likely to offer stability to investors. Investors expect to see FY19 as a volatile year for equity markets with 10-20% moving indices in either direction. Certain influential factors like general elections, state elections, central bank actions etc can be the reasons behind the volatile market. JK Jain (Head person of the equity research at Karvy Stock Broking) told that in FY19 we can expect to see a volatile market with a band around 20 percent. In the coming year, NIFTY is likely to stay in a broad range of 8900-9100 on the downside and upside 11000-11200 range. Now, let’s come to the main factor of the article Top 10 Stock Picks For 2019 That Can Make You Rich.

We’ve collected Top 10 Stock Picks For 2019 (the long-term investment) from some of the well-known sites. Here is the list:

Top 10 Stock Picks For 2019

Choosing Top 10 Stock Picks For 2019 in such a volatile market is absolutely not an easy task but still based on our best analysis, here is the list of stocks:

Dewan Housing Finance Limited (DHFL): CMP: 238.80, Target: Rs720

(Recommended by MoneyControl and Quora)

Increasing demand for home loans will be going to create an attractive valuation for the underpriced shares. DHFL is expected to report 23 percent loan growth over the next 2-3 years. Besides this, the company sold a 50% stake which added Rs,1,969 Cr to the net worth. Apart from the strong growth opportunity, the company has maintained a stable asset quality and a positive trend. We can expect to see a continuing positive strength over the coming years. Its positive margins along with the strong business outlook can easily make the stock a Multibagger one.

South Indian Bank (SOUTHBANK): CMP: 15.75, Target: Rs30

(Recommended by MoneyControl)

South Indian Bank has reported a marginal 3% increase in its net profit to Rs115 Cr. Apart from this, high collateral based retail and SME lending can be the reason for healthy return ratios. Currently, the stock is an underrated one but it is expected to see reasonable growth in the coming years.

KEC International (KEC): CMP: 306.95, Target: 618

(Recommended by 5Paisa)

As of 2nd quarter, FY 19 KEC carries a healthy order book of Rs,20,140 Cr. In the training and development phase, the company is focusing on international markets, it is witnessing strong and good traction in Abu Dhabi, Egypt, and Oman. Railways share of the company has increased to 25% in Q2 of the FY19. The mission of the company is to achieve Rs1,500-1,600 Cr sales in railways share. Increasing operational efficiencies will move the company’s share to a high range.

Navkar Corporation Ltd (NAVKARCORP): CMP: 54.50, Target: 265

(Recommended by MoneyControl)

The company is one of the three CFS at JNPT with rail connectivity. The company is in a massive expansion mode. Analysts can expect to see the company successfully use its rail advantage and scale up its utilization level.

HSIL Ltd (MSIL): CMP: 227.10, Target: 510

(Recommended by MoneyControl)

The Indian company offers products like sanitaryware, faucets, and glass bottles. It is expected to view a 10% CAGR growth. HSIL also introduce PVC pipe segment, caps etc. MoneyControl recommends buying the share with a target price of Rs.510.

Top 10 stock picks for 2019

Biocon Ltd (BIOCON): CMP: 637, Target: 689

(Recommended by 5Paisa)

The company is one of the integrated biopharma players with manufacturing facilities, innovative drug development strong capabilities in biologics, and a branded generics business in India. In India, it is considered the largest biologics companies.  Over the next five years, this will aid Biocon to grow its bottom-line. You can estimate 29.4% and 114% CAGR respectively.

Reliance Industries Ltd (RELIANCE): CMP: 1,124.95

(Recommendation from Quora)

There is no need to give an introduction to the company. It is a well-known company with an extraordinarily refined margin and a net profit of more than a lakh of crore per annum year on year. The companies’ telecom business combined with refining growth plans will increase its valuations high levels over the next 3–5 years.

Balaji Amines Limited (BALAMINES): CMP: 458.00, Target: 845

(Recommendation from Quora)

It is considered a gem stock, especially in the chemical business, manufactures Aliphatic Amines and pharma derivatives. For the first time in India, the company tested on an indigenously developed technology. It remains a strong player in the market and for the investors.

Sanghi Industries Ltd (SANGHIIND): CMP: 63.30, Target: 160

(Recommended by MoneyControl)

The company is expanding gradually and as a result, it will have a volume growth by over 70% over the next 2-3 years. We can expect to see huge long-term growth in the coming years.

Best Hotel Stocks to Buy

(Recommendation took from Rakesh Jhunjhunwala Site)

HDFC Securities has issued a research report in which fundamentals of the five best hotels stocks have been discussed. Porinju Veliyath says that the hotel industry is turning around after a decade and it has a high opportunity over the next years.

Indian Hotels (INDHOTEL): CMP: 145.95

Lemon Tree Hotels (LEMONTREE): CMP: 71.00

EIH Ltd (EIHOTEL): CMP: 190.90

EIH Associated Hotels (EIHAHOTELS): CMP: 429.05

TajGVK Hotels and Resorts (TAJGVK): CMP: 187.00

Conclusion:

However, the above recommended Top 10 Stock Picks For 2019 is based on the top site’s recommendations. So, it’s advisable to check the validity of the given data prior to investment. We can expect to have a stable market in the year 2019. The stock market always performs in a volatile phase. Therefore, analysis of the market is necessary prior to investment. May you have a great new year with profitable investment.

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Author: Ankita Sarkar

Ankita is a graduate in English language and she has also done her MBA from the Calcutta University. She has a high knack in the stock markets. She is a NISM certified Research Analyst. An experienced stock market content writer Ankita is also trading successfully on her own account.

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