Indian stock markets have been volatile and in corrective mode since January 2010. 2009 downturn has squeezed profits of many companies in exports, IT/Software and commodities sectors. Stocks to buy in 2010 would be those who had expanded their businesses at accelerated speed in downturn last year. MoneyLife had published stock analysis of five such companies which recorded very good sales and profits.
The five stocks discussed here are enjoying a terrific tailwind. They are among the rare few that have proven themselves in a difficult environment of downturn and recession. The market knows this; two of the five are not cheap. But the market has started correcting quite sharply; so it would be prudent to wait for the stocks to hit the targeted purchase price mentioned for each stock.
1. Stock Analysis - Birla Corporation
Birla Corp has been consistently doing well from past two years. It is the most profitable but cheap cement stock.
2. Stock To Buy From Media Sector - Jagran Prakashan
It is not too late to profit from the explosive growth of Indian regional media and the way to do it is to buy Jagaran Prakashan
3. Stock Analysis - Garden Silk Mills
Garden Silk Mills (Garden) had pioneered the branded polyester sari and dress material business in India through its high impact and coveted advertising campaigns.
4. Stock Analysis - Pidilite Industries
Pidilite Industries Ltd is a classic all-weather stock to buy that must be bought on severe market declines.
5. Stock Analysis - Gujarat State Petronet GSPL is a pioneer in developing energy transportation infrastructure and connecting natural gas supply basins and LNG terminals to growing markets. Here is company stock analysis to help you make decision on for your stock investment portfolio.
You May Want To Checkout: Stocks To Buy For 2010 - Let's Share Ideas
