For risk takers with a long term perspective? 5 midcap stocks from different sectors with the right matrix of critical ratios

by

Synopsis

The correction of March on Dalal Street should serve as a warning to all those who tend to buy stocks without bothering to look at what is the business of the company. The way correction panned out, there is a high probability that going forward that an upward movement in mid-cap space would be more stocks or sector specific rather than being a broad brush up move in which every stocks is moving upward with any rhyme or reason, One thing which long term investors who are taking exposure to the mid-cap should focus on individual companies and their underlying business. Also it is time to rejig the portfolio and go with better quality stocks in even the mid cap space. At the same time, because overall valuations are high, be ready for underperformance for some time and focus on the long term.

Given the way markets have panned out in the last one year, after a short correction, stocks have been able to move upward once again. The question is whether this time after the correction in the month of March, will this happen again and if yes then will it be across the board rally or more specific to some sectors only. Given the fact valuations are high there is a high probability that we might see selective up moves in stocks. But when

ETMarkets.com

11 mins read, Last Updated:

  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

Source link

Denial of responsibility! NewsConcerns is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment