Stocks with Potential to Double in 2018: Analysis and Insights
In the current market scenario, several stocks stand out as having a high potential to double in value by the end of 2018. This article will explore such stocks, including their fundamental analysis, competitive analysis, and market trends that support their growth.
Renewable Energy Providers
Suzlon Energy is a leading player in the renewable energy sector with significant potential for growth. Investing in renewable energy is becoming increasingly attractive due to governmental support and private investments. Notably, the company's profits have been steadily increasing for the last three years, driven by key figures like Dilip Sanghvi, who has invested heavily in the business.
With an expanding government initiative in the sector, Suzlon Energy is well-positioned for further expansion and profitability.
Construction and Infrastructure
IRB Infrastructure and Dilip Buildcon are strong contenders for investors seeking stocks in the construction and infrastructure sector. The Indian economy is growing at a robust pace, making infrastructure development crucial. IRB Infrastructure, in particular, has a proven track record and is considered the best in the sector.
Undervalued and Undiscovered Stocks
In addition to these established players, there are a few lesser-known stocks like Minda Corporation, RAIL INDUSTRIES, and RADICO KHAITAN that are undervalued and have significant growth potential. These stocks, which are currently under the radar, are expected to reach double their current value given their strong fundamentals and growth prospects.
Impact of Government Policies
Governments around the world, including India, are implementing policies aimed at boosting economic growth and infrastructure development. This support is critical for businesses operating in sectors like renewable energy and construction. For example, initiatives to promote renewable energy and affordable housing have the potential to significantly boost the stocks of Suzlon Energy and Reliance Home Finance, respectively.
Shortlisted Stocks for 2018
Here is a list of highly promising stocks to consider for the upcoming year:
Suzlon Energy IRB Infrastructure Dilip Buildcon Minda Corporation RAIL INDUSTRIES RADICO KHAITAN JAMNA auto Havells India Finolex Cables KEI Industries VIP Industries Manappuram FinanceConclusion
While the exact timeline for a stock to double in value is difficult to predict, careful fundamental and technical analysis can provide valuable insights into potential growth. In 2018, investing in sectors such as renewable energy, construction, and affordable housing offers significant opportunities.
Invest in stocks that align with your long-term goals and overall market trends. By choosing the right stocks and staying informed about market developments, you can maximize your returns and achieve your financial aspirations.