Stocks to Buy: GEMS that put health In your wealth - Sandeep Jain reveals to Anil Singhvi why investors should buy these 2 stocks
In yet another extremely captivating show on Zee Business, Managing Editor Anil Singhvi has charted an agenda where individual analysts in his panel of experts have been tagged with extremely entertaining nicknames that matches their powerful investing style. Here we look at 'GEMS by Jain Sahib'. Market analyst Sandeep Jain has recommends two stocks
In yet another extremely captivating show on Zee Business, Managing Editor Anil Singhvi has charted an agenda where individual analysts in his panel of experts have been tagged with extremely entertaining nicknames that matches their powerful investing style. Here we look at 'GEMS by Jain Sahib'. Market analyst Sandeep Jain has recommended two stocks which he said have a great potential to earn bumper returns for investors. Check out the stocks to buy and sectors that they belong to and why he chose them.
Top Stocks To Buy: Lincoln Pharmaceuticals
Jain today picked Lincoln Pharmaceuticals as his top Buy. Calling it an excellent company, the analyst said that pharma as a sector has a great potential. The stock is available at a very attractive valuation – at a PE multiple of 7, he said. The company has a 23 per cent return on capital and 20 per cent return on equity. The company has also given its highest ever profits on Trailing Twelve Months (TTM) basis.
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जैन सा'ब के GEMS जिसने खरीदा उसकी वेल्थ की बनी हेल्थ....@AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/TXBTVIkxsF
— Zee Business (@ZeeBusiness) July 28, 2020
The share price of this stock is around Rs 185. It is a debt free company with profits growing at a CAGR of 27 per cent over the last 3 years. The credit ratings has gone up. The company also has a wide geographical reach with products exported in 60 countries. The target price of this stock is between Rs 220-Rs 230.
Top Stocks To Buy: Transpeck Industry
The technical analyst also picked Transpeck Industry as another top Buy. The company is into the business of manufacturing transparent acrylic sheets. A big name in this sector, it is also a very responsible producer and exporter of chemicals, he said. The company has a market capitalisation of Rs 815 cr. The promoter equity is small. The sales growth over the last 3 years has been at 27 per cent CAGR.
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जैन सा'ब के GEMS: सोमवार को संदीप जैन के बताए ट्रांसपेक इंडस्ट्रीज में आज भी दिखी शानदार तेजी...शेयर 8.71% चढ़कर हुआ बंद@AnilSinghvi_ @SandeepKrJainTS pic.twitter.com/6ZA0YP1gRB
— Zee Business (@ZeeBusiness) July 28, 2020
The return on capital is also 27 per cent. It is virtually debt free company. The shares are available at attractive valuation. The stock can be bought at the existing levels for a target price of Rs 1750.
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The view on this stock is for 6-9 months, he said. The stock is currently trading around Rs 1525.
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