L &T _ has enough steam to out perform Nifty for next few years

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Aug 3, 2017.

  1. kharb

    kharb Well-Known Member

    Joined:
    Aug 15, 2015
    Messages:
    956
    Likes Received:
    661
    In my view, Infrastructure and defence sectOrs may out perform on Govt spendings .In small and mid cap there are many companies which may benefit but risk is that many compnies may fail again like 2008 . L& T has been a compartive safe bet in infrastructure sector in past and inspite of being Mega Cap may still out perform Nifty and market for next few years .I expect atleast 15 % CAGR in L& T for next 5 years or even more ,so looks to be buy on any decline..This is only my view for discussion in this forum and no recommendation to buy the stock.I hold the stock in my long term portfolio
     
    Last edited: Aug 4, 2017
  2. kharb

    kharb Well-Known Member

    Joined:
    Aug 15, 2015
    Messages:
    956
    Likes Received:
    661
    L&T hit fresh 52 week high and looking strong. Comparatively a safe play in infra and defence for long term .Just my view for discussion ,not a recommendation to buy.
     
Loading...