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I would recommend 5 stocks for Investing Purpose which can give you CAGR of more than 20% in next 2 years.
1. ICICI Bank - Target 680, CMP 512, Period 24 Months
It is a fundamentally strong share, management is perfect. CSLA upgrade the target to 750. Good stock to buy for investment.
2. AXIS Bank - Target 900, CMP 739, Period 20 Months
Management is working fine, fundamentally strong company and forming bullish pattern on chart which could help to generate amazing return in 2 years.
3. SBI - Target 430, CMP 340, Period 15 Months
SBI could stretch more from its 52 week high, SBI card IPO likely to launch and it will help SBI to boost and generate return.
4. Rites Limited - Target 380, CMP 280, Period 24 Months
Rites limited is a fundamentally strong company and a mini ratna company which is working for Indian Railway. Indian Railways is improving its structure and facilities, so this company get the direct benefit of orders.
5. PVR Limited - Target 2350, CMP 1800, Period 36 Months
PVR is a gem which one should hold for longer duration as company has a monopolistic advantage. It is increasing the number of screens and future of cinema will be more challenging and PVR can sustain in that. Fundamentals are good and it could hold for years, for retirement.
*Note - CMP is Current Market Price.
*Note - Investment in share market is subject to Risk and hence check your risk appetite before investing
*Note - These targets are given for long term investors
#StockMarket #ShareRecommendations #NSE #BSE #InvestmentIdeas
Happy Learning !!!
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