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Best stocks to buy for 2016 – Stock market performance was very poor in 2015. All investors are in dilemma where to invest their money. To solve your confusion I am herewith 10 Best stocks to buy for 2016. These stocks are selected by best brokerage house of India.
The 10 Best Stocks to Buy for 2016
Maruti Suzuki – Target -5000 Rs
Maruti Suzuki is recommended stock by Angle Broking. Maruti Suzuki is expected to get big benefit of upcoming 7th Pay commission. Maruti is consistent performer stock. Sale of Maruti is grown by 9.7% in 2015. Profit margin of Maruti is increased by 42.1 %. You can purchase Maruti Stock with target price of 5000 Rs.
Aurobindo Pharma – Target 935 Rs
Aurobindo Pharma is pharma stock. India Infoline is advising to invest in this stock for 1-2 year time frame. Recently USFDA has approved contraceptive pill of Aurobindo Pharma. You can purchase Aurobindo Pharma with target price of 935 Rs.
Amara Raja – Target 1050 Rs
Amara Raja is recommended stock for 2016 by Angle Broking. Fall in lead price is expected to impact profit margin of this stock positively. Profit margin of this company is increased by 100 Cr in July- Sept Quarter. You can purchase Amara Raja stock with target price of 1050 Rs.
Tata Motors – Target 550 Rs
As per brokerage house Share Khan, Tata Motors is must buy stock for 2016. Tata Motors is expected to launch 25+ commercial vehicles in 2016. Profit and sale of tata motors is expected to increase exponentially. You can purchase Tata Motors with target price of 550 Rs.
IRB Infra – Target 680 Rs
IRB Infra is infrastructure stock. As per Share Khan you can purchase this stock at current value. IRB is working on multiple projects and expected to get benefit of ongoing Infrastructure reforms in 2016. You can purchase IRB Infra stock with target price of 680 Rs.
L&T – Target 1646 Rs
As per AUM capital L&T is best stock bet for 2016. L&T is under pressure but this stock will get advantage of upcoming infrastructure projects. By December 2017 this stock is expected to reach 1646 Rs.
Reliance Industries – Target 1250 Rs
Reliance Industries is expected to outperform in 2016. Upcoming 4G project of Reliance Industries is expected to grow revenue of company exponentially. This stock is expected to touch 1250 Rs in 2016.
Coal India – Target 440 Rs
Coal India is next stock pick of 2016. This stock is recommended by Motilal oswal brokerage house. Coal India profit margin and sales is growing and expected to grow further. Company is targeting to increase manufacturing capacity and it is give positive boost to this stock.
KEC International – Target 190 Rs
As India Nivesh brokerage house KEC International is good stock for 2016. KEC is sitting on order book of 9000 Cr. Profit margin and sales of company is growing. You are advice to invest KEC International with target price of 190 Rs.
Capital First – Target 468 Rs
As per India Infoline Capital First is best stock to buy for 2016. In last quarter profit margin of this stock is increased to 41.05 Cr. You can buy Cpaital First stock with target price of 468 Rs.