wat are the good long term investments u can make in shares?can u suggest a few companies names like infosys,etc?
2006-07-20 20:51:58 · 7 answers · asked by priya 1 in Business & Finance ➔ Investing
It's down, lol
There is an excellent company that I would seriously recommend. LITL
L' International Tech...check them out. Also, PTSC, if you are interested in penny stocks.
2006-07-20 20:54:25 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Reliance, Bajaj Autos, HDFC, Suzlon, BEML, India Cements, Wipro, Voltas etc. are all very long term stories. Regarding the markets it is expected to be swinging between a wide band of 9600 to 10,800 For atleast a couple of months. If crude oil goes above $76 then thats a negative for the market but only in the short term.
Because you are a long termer you can bet on a stock like Tata Steel because it has a history of a good growth & dividend payout aswell.
Mutual funds are also a very good choice.
The overall market is very strong and will give you magical returns over a period of time.
Abhishek
2006-07-20 21:01:20 · answer #2 · answered by The Champ 3 · 0⤊ 0⤋
Most sectors are down. It is a great time to get into the market right now. When summer comes to a close, oil prices will fall, interest rates should slow, and the market should pick up.
Right now I really like CREE, NVDA, and Yahoo.
Cree is an LED manufacturer. LED is making progress by leaps instead of steps. It is so cost efficient, they are even working on getting LED into home lighting. It will soon run everything from our TV's to Billboards.
Nvidia is a graphics card manufacturer. They made a deal with Sony to be in the PS3's comming out this fall. They are the industry leader with the second, ATI, far behind.
You know what Yahoo is. It is so oversold right now you cannot help but be bullish with it.
Good luck with whatever you chose.
2006-07-20 20:59:39 · answer #3 · answered by JustJake 5 · 0⤊ 0⤋
It was doing really well in the ‘90’s but it’s not so great anymore. The price of land went up, but now that it isn’t anymore people started getting into stocks. My sister bought sticks in “Guitar Center” about 6 months ago and she lost some money. I want to say Starbucks can’t get any better then it already is but they may take over the world in the near future.
My aunt bought stocks in Starbuck and Microsoft decades ago, she’s pretty well off. I wouln't recomend doing anything.
2006-07-20 21:01:30 · answer #4 · answered by donald d 3 · 0⤊ 0⤋
All figures accurate to 0907 BST on July 21st 2006
FTSE 100 Index: 5,740.90 (-30.40 / -0.54%)
CAC 40 Index: 4,836.96 (-28.27 / - 0.58%)
Xetra DAX Index: 5,510.23 (-36.38 /-0.66%)
Infosys has over the past year gone from Rs2,250 to Rs3,250 (an increase of 44%) whilst the benchmark NIFTY Index has over the past year has gone from 2,250 to 2,939 (an increase of 31%). This means that the stock could be deemed as being slightly overvalued.
Before making any share deal, please consult your local share broker. Shares go down as well as up and you may not get back the money invested.
2006-07-20 21:17:38 · answer #5 · answered by Harry Hayfield 6 · 0⤊ 0⤋
If you have to ask, you should invest in mutual funds. When buying stocks, you should know what you are doing.
2006-07-20 20:55:47 · answer #6 · answered by Anonymous · 0⤊ 0⤋
I'm not going to read this
2006-07-20 20:54:53 · answer #7 · answered by Landing claw 1 · 0⤊ 0⤋