Key Stocks to Watch: Updates and New Picks

Introduction

On 25th August, a video was presented highlighting 7 key stocks that stood a good chance of performing well before or during the festive season. These stocks have, fortunately, outperformed the market since. This blog post will provide an update on those stocks and introduce three additional picks for investors to keep an eye on.

Update on Highlighted Stocks

Here's a summary of featured stocks from the August video:

American Stocks Consistency: Amazon

• Exhibited a significant runup (around 35-40%) in the last 6 months.

The Paint Stocks: Asian Paints & Indigo Paints

• Despite the initial fall due to rising crude oil prices, these stocks have shown resilience. For example, Asian paints had their highest ever profits.
• Indigo paints faced a stagnation, but their fortunes are tied to the real estate market, which is poised for a rebound.

The Small Cap Winner: JY Resins

• Experienced considerable growth within the last three months. Known for good revenue, profits, and growth rates.

The Real Estate Bet: GRI Properties

• As with any real estate linked stock, the performance of GRI is closely tied to the real estate cycle. It has performed considerably well in the last three months.

The Big Banks: HDFC Bank

• Despite great profits and revenues, HDFC's stock has been relatively stagnant. However, once the market rebounds, HDFC should witness significant growth.

The Fashion Leader: Vant Fashions

• Despite an extremely competitive market, Vant Fashions has successfully established its brand and looks set for a positive future.

New Picks

Based on present market trends and potential future developments, three new stocks for potential investors to watch are:

The Card Company: SBI Cards

• A practical bet considering the increasing adoption of digital payment methods.

The Rising Star: AAS Financiers

• Despite a good performance, these stocks have seen a drop in their valuation. However, the downward trend is expected to reverse soon.

The Dependable Group: HDFC Group stocks (except HDFC AMC)

• Other than HDFC AMC, the HDFC group's stocks present a solid option for investors to consider.

The next 6 to 12 months are expected to be exciting for these stocks, and investors who take the plunge today might witness significant rewards by then. Always remember to diversify investments, investing not only in India but internationally as well. Doing so effectively mitigates the risk and offers the potential for higher returns.

Conclusion

These updates and new picks should help serious investors make informed decisions regarding portfolio diversification. With careful consideration and in-depth analysis, one can create a profitable portfolio that stands the test of time.