On the occasion colorful festival, Holi CNBC Awaaz has suggested Top 10 Holi picks for 2017. These top 10 best performer stocks are likely to give better returns in the days to come. These stocks are suggested by popular stock market expert Avinash Gorakshakar and Vikas Sethi. All these stocks have given a very good return in the year 2017 (from 1st Jan 2017 to 9th March 2017). Let’s take a look at which are these stocks and is it worth buying these stocks now or not.
Top 10 Holi Picks by CNBC AWAAZ
Top Nifty 50 Stocks 2017
Idea Cellular is first top stock performer this year. In last three months, this stock has given 41% return to investors. The main reason behind an increase in the stock of idea is news about a merger with Vodafone. This stock is not advisable for investment at this price. If you are holding this stock it is advisable to book profit. Bharti Airtel is a better choice in telecom space.
BHEL is second top performer this year. BHEL is Capital Goods Company. BHEL has given 30% return to the investor this year. Order book of this stock is very good. Upcoming reform in power sector and defense sector will surely help this company. It is recommended to buy this stock.
Yes Bank is leading private sector bank. Yes Bank has given 27% return to investor this year. Yes bank has historically given very good returns. This is stock is considerably attractive from risk rewards point of view. This stock is likely to give better returns in future. You can buy this stock.
Ultratech Cement is cement sector stock. Ultratech cement has given 18% return to investor this year. Despite of downturn in real estate market this stock has given good return. Upcoming infra projects of government will help this stock. However, it is advisable to hold this stock.
Reliance Industries is next best top performer stock this year. Reliance Industries has generated 19% return to the investor this year. The main driving force behind this stock is Jio. This stock is expected to deliver better return in future. You can buy this stock with target price of Rs.1500.
Top Non Nifty Stocks 2017
Rain Industries is first non-nifty top performer stock. Rain Industries has given 81% return to the investor in past three months. The fundamental of this stock is very good. One can buy this stock with target price of Rs.150.
Venky’s is next non-nifty top performer stock. Venky’s has given 92% return to the investor this year. Venky’s is unique company specialized in chicken meat processing, and pharmaceutical products for both poultry and human usage. It is recommended to hold this stock.
Just Dial is next stock pick. Just Dial is IT stock. Just Dial has perform extremely well this year. However, business model of Just Dial is not justifiable and it is recommended to sell this stock.
Escorts is one of the best stock for investment. Escort has given 67% return to the investor this year. Escorts is in the business of agriculture equipment and tractors. The price in stock rise is due to increase in sale and improvement in result. It is recommended to hold this stock.
JSPL is last stock pick. Jindal Steel power has given 71% return this year. The execution capacity of this company is very good. Various brokerage house are bullish on this stock. It is recommended to buy this stock.
Do you think these Holi Picks will give good returns in the future?
Do share your views in the comment section.