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Top 10 Stocks to Buy In 2019

  • Posted Date: October 8, 2019

After a volatile 2018, stock markets have traded with caution inthe first week of 2019. The year holds some challenges for the Indian equitymarket, as the global tensions rises and general elections around the corner.But every challenge is an opportunity and Shyam Advisory brings to youour Top 10 hand picked Stock Market Tips and share market tips for2019. These stock tips should be seen with a time frame of 9-12months.

TCS: Our first pick in tech segment is India’s largest tech giant.2018 has been a tremendous year for the counter with stock giving near to 50%profit. A proposed buyback is around the corner and a good Q3 FY18 result hasbeen posted. These factors will again take the counter towards 2100 andbeyond. CMP: 1840

IndusInd Bank: Since the ILF&S saga unfolded, this stockhas taken a hit but its growth story remains intact. With a better economicforecast and reducing NPA burden, the banking sector is poised to emerge as thewinner in 2019 and IndusInd will see some more positive growth. Target:1800. CMP: 1530

ONGC: The petro industry giant is available at an year low price whichundermines its business prospects. With quarterly dividend and a buybackproposal, the counter will see an upward journey in 2019. Target180. CMP: 143

DMART: Ever since its IPO, Dmart has been an apple of the eye for valueinvestors. The company’s business model separates it from the rest of the flockand it remains our most valuable bet in the FMCG sector. Its growth has beendocumented by many business reports and economics student. Target:2000, CMP: 1580

HCL Tech: Our second stock tip in the tech sector isanother multi-billion tech giant, which has been posting robust numberthroughout the past couple of years. With automation and data mining in sight,their revenues are poised to grow upwards. Target 1100. CMP: 940

IDFC bank: IDFC group has been an inherent component ofthe Indian economy for a long time. Owing to its reducing NPAs, IDFC bank isset to see further growth in 2019. Target: 65, CMP: 46

Eicher Motors: Although the company’s position in the marketis being challenged by new entrants in heavy bike segment, but Royal Enfield maintainsits charisma. The sales numbers have reduced, but company management ispositive about the future. It’s a safe bet if the economy grows around 7-8% in2019. The stock is available at lucrative prices. Target: 25000, CMP:20500

Bata India: As the government pushes for leather sector,in order to boost labor-intensive segment, this counter stands to gain morethan its peers. The company has sound management and a robust supplychain. Target: 1250 CMP: 1150

ICICI Bank: The bank has clearly emerged out of ChandaKocher fiasco and has grown almost 10% in last one month alone. However, we seethis as only the beginning and the bank will see further growth toward450. Target: 450, CMP 379

Bajaj Finance: Standing tall as one of the most preferredNBFC of the nation, its share has been a favorite among value investors.Although, the counter has seen volatility, but it has maintained itsvaluations. Target 2700, CMP: 2500

Additional Picks:

A part from these value picks, there are some other stocks, onwhich a value investor should keep a close watch. Motherson Sumi, RadicoKhaitan, and Dr. Reddy remain our other favorites. Swing traders can trade intheir stock options with suitable hedging.

We also post regular Share market tips in Indian Stock marketalso we provide best bank nifty tips. Stay tuned to our blog and subscribe forregular Intraday tips, Commodity tips, and MCX tips. Investors are advised touse their own discretion while following the market investment advice.