Fabulous-15

After mashing success of previous lists – COMPACT15, QUICK15+6, SOLID-15, FANTASTIC-15, VALUE-24, ARG30 I recommend a new list of stocks chosen with great care after markets have given more than 80% returns and some of our stocks giving more than 300% gains. The stocks chosen are included as they provide Value and a good margin of safety. Year2010 in my view would give negative returns on Index basis and individual stock performance would be brilliant. So we must divide the risk equally and 20-30% returns annually would also be very good given stretched valuations for our markets when Nifty trades above 23P/E and world interest Rates near zero. Indian economy is expected to clock GDP growth near 8% but a Fast-growing economy has its own pitfalls like inflation which we are already facing and supply constraints also can lead to market correction. This list I present to you to use on investment basis to accumulate over 1-2year period and it would be a golden opportunity if broader markets correct even 10-15% from current levels.

Fabulous 15