Stocks to Buy: Expert Siddharth Sedani picks 4 stocks in Sid ki Sip for high returns
These four companies are part of the compound club and these will give you consistent positive returns on investments, said Sedani.
In today's edition of 'SID ki SIP', expert Siddharth Sedani emphasised on the need to invest in stocks that are in the "Compounders Club" or those stocks which have been delivering consistent compounded returns. He picked two stocks which he said had the potential for good returns.
In today's episode of SID ki SIP - Siddharth Investment Portfolio program on Zee Business, Siddharth Sedani picked his stocks to invest in to get good returns.
Compounded stocks will also have you negate negative performances from your portfolio, he said.
In the category of Mid Cap stocks, Sedani picked four stocks to invest in.
He started with picking Minda Industries and said, Minda Industries was a diversified auto component player, and has a CAGR of 56 per cent for 10 years.
Target for this stock is 1104 rupees. This company has consistent growth in two-wheeler and four-wheeler space, he told Zee Business.
He further added that if you are investing 100 rupees then allot 30 rupees for this stock.
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Secondly, he picked the stock of Persistent systems. Targeting 4980 rupees on the stock, Sedani said that this company has a 10-year CAGR of 32 per cent. In the coming six to eight quarters, the company is expected to make USD 1 billion in revenue.
The known company in the IT & Product sector will be a good stock to pick at current prices and 30 per cent investment in this stock will be beneficial, he said.
Navin Fluorine is the third stock he picked in today's episode. The 10-year compounding return of this company is 49 per cent. It has a CAPEX of 550 crore and one should look to target 4700 rupees in this stock.
He said that 20 percent of the investment allocation should be done for this company out of 100 rupees.
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देखिए SID की SIP - Siddharth Investment Portfolio#SIDKiSIP | @AnilSinghvi_ | @s_sedani05 #StockInFocus | #StocksToBuy pic.twitter.com/QkLggiKT6Y— Zee Business (@ZeeBusiness) July 6, 2022
Lastly, Sedani recommended the stock of Garware technical Fibre.
Target of 3776 was given to investors by Siddharth Sedani while giving a brief profile of the company.
He said that the 10 year compounding return of this company is 50 percent and the remaining 20 percent out of 100 rupees should be invested in this company.
This company makes aquaculture, sports nets, technical textile and exports in close to 75 countries.
Lastly, he added that these four companies are part of the compound club and these will give you consistent positive returns on investments.
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