stocks: Consistent growth is built into these stars


Conservative equity investors mostly look out for consistent performers in the stock market. However, only a few manage to churn returns consistently.

ET scanned the NSE 500 index to identify stocks that have ended higher every year for the past six years. Of the 500 stocks, only 13 have managed that feat.

These include

, , , , , , and RHI Magnesita among others. The question is will these stocks continue their winning run?

Analysts are forecasting the likelihood of sustained performance in some of them. Out of the 13 stocks that have fetched returns every year in the past six years, eight could continue their winning run, according to analyst consensus price targets compiled by Bloomberg.

For instance, Trent is projected to give 16% returns this year, while Titan could return 15%, and

and 14% each. The consensus price targets of stocks like and Abbott are below current stock prices.



Read original article here

Denial of responsibility! TechnoCodex is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a comment