Stocks to Watch out for in this Bear Market - 1

Yes, it’s a bear market, but the time for value investment. The stock prices of some good companies are coming down not on the account of their ability to generate profits in future but because of some global factors like oil prices and inflation.

This is not at all an end of Sensex. From here onwards every dip should be considered as a buying opportunity. Don’t put all your money at a time even if market falls 300 + points again. There is a possibility to go to the levels of 12,000. But we can buy at every dip as the down side risk is less.

Here are some good stocks to watch out for.

Punj Lloyd

Punj Lloyd bagged Rs 1005 crores (USD 251.25 Million) contract by GVK Power (Govindwal Sahib) Limited, Hyderabad Today its share price increased by 14%. Can be bought at every dip.

For more info visit this link http://www.punjlloyd.com/admin/spaw2/uploads/files/2008-07-03.pdf

Suzlon

It was beaten badly in this bear market on account of order cancellation by US based Edison group. But a quality stock. Plenty of growth left in the business of wind power (non-conventional energy) generation. Suzlon offers end-to-end services in this business and it’s Asia’s biggest firm.

For more info visit the below link

http://www.suzlon.com/

July 4, 2008 | Filed Under Market Analysis