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Wednesday, December 21, 2016

What are the Best Stocks to Invest in 2017?

Dear Friend!
All the stocks listed in my ‘Portfolio 2K15’ , except State bank of India and NTPC are good companies worth investing. However, the dynemic and ever changing market makes some of them expensive from time to time. Therefore I cannot make a prediction about the entire calender year 2017.
Presently, for the month of December 2016 and maybe for January, one may in four stocks as follows:
  • Great Eastern Shipping Company Ltd.
  • Rural Electrification Corporation Ltd.
  • Power Finance Corporation Ltd.
  • Shipping Corporation of India Ltd.

 Of the above four the first three are sure shots and regular profit making companies. The fourth and last, Shipping Corporation, is a special situation share. The company has been incurring losses for the past few years and is in the process of turning around. But its price to book value of 0.41 is a rare opportunity to buy valuable assets at a discount of 59%!
But I do not recommend this stock for others and beginners as there is certainly an element of risk involved with the company and its shares.
So I request you to invest only in the first three.
Thank you,
With Best Regards
Anand
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