Stocks with Potential to Double by 2018 End: A Comprehensive Guide

Stocks with Potential to Double by 2018 End: A Comprehensive Guide

In the current economic climate, the sales volume, Profit After Tax (PAT), and net income of various stocks have faced a slowdown, mainly due to the implementation of Goods and Services Tax (GST) and the demonetization initiative. Despite these challenges, some theme-based portfolios can outperform in 2018.

Equity Investment Opportunities

For investors looking to capitalize on the opportunities in 2018, several stocks present promising growth prospects. These are particularly exciting for those interested in energy, real estate, and infrastructure sectors. Here, we will explore the fundamentals and potential of selected stocks that can potentially double by the end of 2018.

Best Performing Stocks

Suzlon Energy

Suzlon Energy stands out among renewable energy companies due to its strong performance and increasing profitability. The government's support and investments, along with the efforts of businessmen such as Dilip Sanghvi, continue to boost the company's growth. Over the past three years, Suzlon's profits have shown a consistent upward trend, making it a prime candidate for a doubling by 2018's end.

Reliance Home Finance

Reliance Home Finance is an undervalued stock compared to its peers, making it an attractive investment. The affordable housing sector is poised for significant growth, and Reliance Home Finance is well-positioned to benefit from this trend. With a market capitalization of around 4000 crore, the potential for its stock to double is significant.

Irb Infra

Irb Infra is a top player in the construction and infrastructure sector. India's accelerated pace of development makes it wise to invest in infrastructure stocks. While there are numerous infrastructure companies to choose from, Irb Infra and Dilip Buildcon are particularly strong contenders.

High Probability Stocks

While the time frame for doubling can vary, several stocks have a high probability of reaching a doubling point before the end of 2018. These stocks might achieve their goal relatively quickly or over a longer period, but they are assured to double.

Minda Corp

Minda Corp, Rain Industries, Radico Khaitan, DHFL, and Grauer Weil are all well-positioned to see their stock prices double. Patience and strategic holding will likely yield positive results.

Select Sectors

These sectors include renewable energy, real estate, and infrastructure. Other notable stocks that show potential are:

Jamna Auto Minda Corporation Meghmani Organics Sadbhav Engineering Vardhman Steel (VSSL) ROLTA India Ashok Leyland Agri-tech Jaychem Genus Paper PNB Financial Services NTNX - with strong revenue momentum ALRM - with good earnings momentum and earnings surprise

The above-mentioned companies have strong fundamentals and positive growth prospects, making them worthwhile investments for the long term.

Conclusion

The stock market is inherently volatile, and while no stock can be guaranteed to double by the end of 2018, the stocks listed above are well-positioned to capitalize on favorable trends. Diversification and strategic selection are key to maximizing the potential gains in this or any other investment period.