It is a matter of common sense that when accomplished investors of the caliber of Raamdeo Agrawal take time out to write a Wealth Creation Study and identify a handful of stocks as potential 100-baggers, we ought to take advantage of it.
Raamdeo Agrawal’s Wealth Creation Studies have proven credentials. We have earlier seen how well the five stocks chosen by him in the 2014 study have fared. One of the stocks is a 3+ bagger while the average return is 110% in one year.
The latest 19th Wealth Creation Study is packed with seven winner stocks. On an earlier occasion, I had evaluated the 3-month performance of these stocks. Five stocks had given absolute returns ranging from 21% to 62% while two were flat.
The strong performance continues unabated as is reflected in Shilpa Medicare’s stellar jump of 17% today. The same five stocks have given absolute returns ranging from 17% to 103%. Two are flat.
Here is the updated performance chart of the said seven stocks:
|Stock||Price on 10.11.2014||Price on 10.03.2015||Return (%)|
We must bear in mind that these are small and mid-cap stocks and can be very volatile. Also, they are exposed to several risk factors which can derail the projections made by Raamdeo Agrawal. So, a SIP may be the best way to tuck into these stocks, if one is otherwise convinced about their fundamentals and is prepared to bear the volatility and risk factors.