Tuesday, January 20, 2009

TOP 8 BUYING STOCK FOR 2009 WITH ABOVE 30 % RETURN

I highlighted 8 Buy-rated stocks which have selected on the basis of superior growth, high cash margins, moderate gearing, improving returns and adequate liquidity. I believe last year’s market correction may help present investors with a buying opportunity that have trading at less P/E ratio .

1.Bharti Airtel  ---- 30-35 % upside
2.Cairn India Limited ---- 20-25 % upside
3.Dr. Reddy’s Laboratories ---- 60-70 % upside
4.Housing Development Finance Corporation ---- 15-20 % upside
5.Jindal Steel & Power ---- 25-30 % upside
6.NTPC ---- 20-25 % upside
7.Tata Consultancy Services---- 20-25 % upside
8.Zee Entertainment---- 55-65 % upside

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