Sensex at record high but midcaps likely to generate wealth; 20 stocks to bet on
Experts feel that market valuation look stretched and the smart money would now chase stocks which have been beaten down but still offer growth potential as the tide reverses or in other words earnings shows signs of recovery which could possibly take another two quarters.
We have collated a list of 19 preferred mid-cap stocks from various brokerage firms which investors could look at for an investment horizon of 1 year:
In the mid-cap space, top picks from Motilal Oswal include companies like Colgate Palmolive, Ashok Leyland, Jubilant FoodWorks, Indian Hotels, Federal Bank, Aditya Birla Fashion, CG Consumer Care, and JK Cements.
Top picks from Antique Stock Broking include names like Cholamandalam Investment, Alkem Laboratories, Honeywell Automation, Gujarat Gas, Bayer CropScience, Phoenix Mill, Solar Industries, KNR Construction etc. among others.
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