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Three top-quality mid-cap stocks have been recommended for investment by leading brokerages
Prashant Jain, the whiz-kid fund manager of HDFC Mutual Fund, who is under fire for the under-performance of his funds, has candidly admitted that he is under a “lot of pressure”. He has, however, defended his stock picks, on the basis that he is “ahead of the market cycle”. He claims that the cycle is about to turn and that his old-economy warhorse stocks will soon be back in demand and that this will lead to heavy out-performance of his funds
Raamdeo Agrawal has issued the clarion call that investors have to stop worrying about petty issues and focus on the long term. He says that India is poised to grow from a $2 Trillion economy to a $10 Trillion economy by 2030 and that investors will make tons of money from stocks. This will happen even if Rahul Baba comes into power is his confident assertion
A mid-cap Pharma stock has become the favourite of several ace stock pickers because of it’s dominance in the market place, high RoEs, quality management and reasonable valuations. The stock is also proclaimed as a potential 100-bagger stock. Daljeet Kohli claims the stock is a good buy now because it is “ripe for re-rating“
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