Introduction to May 2017 Stock Picks

The stock market in May 2017 offered several promising opportunities for investors looking to capitalize on growth and recovery. This article will guide you through a selection of stocks that showed significant potential, with a focus on IT and pharmaceutical sectors.

Sector-Specific Insights

Both the IT and pharmaceutical sectors held the potential for substantial returns during this period. Here, we break down our top picks and provide reasons for their inclusion in your portfolio.

ITTCE and Pharma Stocks

For the IT sector, we highlighted Tata Elxsi, FSL (Force India), SBI Cards, and UPL. These companies were chosen for their solid fundamentals and current swing points. Similarly, in the pharmaceutical sector, Pfizer India, Sanofi India, HAPPIEST MINDS TECHNOLOGIES, TCS, INFOSYS, HINDUSTAN UNILEVER, ESTEE LAUDER INDIA LTD, JUBILANT FOODS, WIRES AND CABLES, POLYCAB, and CEMENT sectors were also in focus. These selections were made based on their strong market presence and recent price swings.

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Long-Term Investment Strategies

For long-term investments, spanning a year, we recommend a diverse portfolio including Inox Wind, IDFC Bank, Everest Industries, Oriental Bank, and Tech Mahindra. These companies have the potential to rise by up to 50% in one year.

Inox Wind: A renewable energy company with a strong potential for growth in the wind energy sector. IDFC Bank: A well-established banking entity showing steady growth and profitability. Everest Industries: A leading player in the engineering, manufacturing, and construction industries. Oriental Bank: A commercial bank known for its consistent earnings and cash reserves. Tech Mahindra: A global IT services firm with a robust portfolio and high cash equivalents.

Additionally, sectors like metal, minerals, automobiles, and information technology have shown promise. However, it is essential to conduct thorough research before making any investment decisions. Please consult the company websites for more detailed insights.

These recommendations were sourced from Angel Broking.

The Buying Strategy

The key to success in stock markets is identifying fundamentally strong stocks trading at their lower swings, which might be due to negative news or market trends. Once a stock has shown consecutive lower highs, it becomes a good buy signal. For instance, purchasing stocks like TATA ELXSI, FSL, and UPL when they are trading at interim or all-time low swings can be a strategic move.

Conclusion

Investing in the right stocks in May 2017 required a combination of market analysis, sector-specific insights, and a long-term investment strategy. By focusing on IT and pharmaceutical sectors, and considering the mentioned companies for your portfolio, you can maximize your potential returns. Happy investing!