The top stocks to buy for long term investment that is well-positioned along with their profiles and explain why they are good investments. This article contains the best stocks to buy in India for the long term.
Investing is a form of wealth creation and preservation that has become popular due to the increasing accessibility of financial markets. However, investing can be an intimidating undertaking, with many people feeling overwhelmed by the many investment options.
One investment strategy that has proven effective over time is Long Term investing. This strategy focuses on building a portfolio of investments held for an extended period of time and aims to earn higher returns than short-term investments. In this article, we will identify the top companies that are well-positioned for long-term investment along with their profiles, and explain why they are good investments.
What makes a Stock great for long term investment?
To identify the top stocks to buy for long term investment, we can use a comprehensive approach that considered several factors.
- looked at financial stability, including indicators such as stable revenue streams, profitability, and low debt levels.
- Considered the company’s growth potential, assessing whether there are opportunities to increase its market share, expand its customer base, or innovate in its Sector.
- Looked at the company’s industry trends to assess whether they are in a strong position to take advantage of emerging market trends or are susceptible to potential challenges.
Top Stocks To Buy For Long Term Investment.
The top stocks to buy for long term investment are listed below. The list includes stocks from various industries, recognizing the fact that diversification limits the risk of an investment portfolio. Each of these stocks has a unique value proposition which makes them excellent long term investments. Below, we will see what unique values these stocks are having and why they need to consider for long term investments.
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Top Indian Stocks With Fundamental and Technical Details.
1 ) HDFC Bank Ltd (HDFCBANK).
The Housing Development Finance Corporation Limited (HDFC) is a publicly held banking company, HDFC bank provides a range of banking and financial services including retail banking, wholesale banking, and treasury operations. Currently, HDFC Bank Ltd. (HDFC) is the largest private sector bank in India.
Market Capital | Current Price | Stock P/E | ROCE | ROE | Dividend Yield |
₹ 8,95,822 Cr | ₹ 1,603.00 | 19.5 | 6.85% | 18.6% | 1.19% |
HDFC Bank stock is one of the trusted stocks in India for investment and it is one of the stocks listed under the Nifty 50 Index. On the price chart, HDFC Bank has shown Continuation Pattern movement.
As we can see in the above HDFC Bank price chart, the price consistently moves to the upper side including some ups and downs around 200 Moving Average (MA). level
The 200 Moving Average (MA) level as per the 1-day candle chart can be the great Support level hence the best time to invest in HDFC Bank is when the price is close or touches to the 200 Moving Average (MA) level as per the 1-day candle chart.
2 ) Reliance Industries Ltd (RELIANCE).
Reliance Industries Limited is the largest private sector corporation in India. It has evolved from being a textiles and polyester company to an integrated player across energy, materials, retail, entertainment, and digital services. Reliance’s products and services portfolio touches almost all Indians on a daily basis, across economic and social spectrums.
Market Capital | Current Price | Stock P/E | ROCE | ROE | Dividend Yield |
₹ 17,43,767 Cr | ₹ 2,577.00 | 26.1 | 10.1% | 8.33% | 0.31% |
Reliance stock is well known in the Indian stock market and it is one of the stocks listed under the Nifty 50 Index. On the price chart, Reliance stock has shown good strength and movement.
In this price chart of Reliance stock, we can see that the stock has shown good strength. The price chart of Reliance stock is clearly showing up trend and Continuation Pattern movement including some ups and downs around the 200 Moving Average (MA) level.
The 200 Moving Average (MA) level as per the 1-day candle chart can be the great Support level hence the best time to invest in Reliance stock is when the price is close or touches to the 200 Moving Average (MA) level as per the 1-day candle chart.
3 ) Navin Fluorine International Ltd (NAVINFLUOR).
Navin Fluorine International Ltd is primarily engaged in producing refrigeration gases, inorganic fluorides, and specialty organofluorines and offers contract research and manufacturing services.
Market Capital | Current Price | Stock P/E | ROCE | ROE | Dividend Yield |
₹ 23,078 Cr | ₹ 4,655.00 | 61.5 | 20.9 % | 18.6 % | 0.15 % |
The PE Ratio of Navin Fluorine International Ltd stock is higher. However, looking at the price chart NAVINFLUOR stock is currently showing in a Continuation Pattern and the stock price keeps increasing.
However, there are some deep ups and downs we can see on the price chart near the 200 Moving Average (MA) level. The deep ups and downs may create a panic situation but considering risk factors and setting the proper risk ratio, the NAVINFLUOR stock can be one of the best stocks to buy in India for the long term.
The 200 Moving Average (MA) level as per the 1-day candle chart can be the great Support level hence the best time to invest in NAVINFLUOR stock is when the price is close or touches to the 200 Moving Average (MA) level as per the 1-day candle chart.
4 ) Hindustan Unilever Ltd (HINDUNILVR).
Hindustan Unilever is in the FMCG business with major segments of home care, beauty and personal care, and foods and refreshments. The company has manufacturing facilities across the country and sells mainly in India. The majority of Hindustan Unilever products are used by Indians in their daily routine.
Market Capital | Current Price | Stock P/E | ROCE | ROE | Dividend Yield |
₹ 6,31,570 Cr | ₹ 2,688.00 | 62.1 | 26.6 % | 20.5 % | 1.44 % |
Hindustan Unilever Ltd (HINDUNILVR) is one of the stocks listed under the Nifty 50 Index. The PE Ratio of HINDUNILVR stock is higher. However, looking at the price chart, the HINDUNILVR stock is currently showing a Continuation Pattern and the stock price keeps increasing. HINDUNILVR stock looks unstoppable stock.
There are some deep ups and downs we can see on the price chart near the 200 Moving Average (MA) level. Since the majority of Hindustan Unilever Ltd products are used in daily routine, the HINDUNILVR stock can be one of the best stocks to buy in India for the long term.
The 200 Moving Average (MA) level as per the 1-day candle chart is shown as an all-time great Support level hence the best time to invest in HINDUNILVR stock is when the price is close or touches to the 200 Moving Average (MA) level as per the 1-day candle chart.
5 ) Titan Company Ltd (TITAN).
Titan Company Ltd is among India’s most respected lifestyle companies. It has established leadership positions in the Watches, Jewellery, and Eyewear categories led by its trusted brands and differentiated customer experience.
Market Capital | Current Price | Stock P/E | ROCE | ROE | Dividend Yield |
₹ 2,63,633 Cr | ₹ 2,970.00 | 81.1 | 25.1 % | 30.7 % | 0.34 % |
Titan Company Ltd is a well-known company in India founded in 1984. TITAN stock is listed under the Nifty 50 Index. According to the stock movement on a price chart, it looks the TITAL has huge potential and good strength.
If we look at the current price and the historical movement, so is clearly seen that TITAN stock price is following the Continuation Pattern as the stock price keeps increasing with some ups and downs around the 200 Moving Average (MA) level.
Since Titan Company Ltd is servicing since 1984 and well-known company in India, hence TITAN stock can be one of the best stocks to buy in India for the long term.
The 200 Moving Average (MA) level as per the 1-day candle chart is shown as an all-time great Support level hence the best time to invest in TITAN stock is when the price is close or touches to the 200 Moving Average (MA) level as per the 1-day candle chart.
Important Note Before Long Term Investment.
- In Stock Market, things are not 100% accurate hence long term investors should have diversifying portfolios and monitor investments over time.
- Long term investors should have a mindset that investment is for the long term and not get panic from market volatility. However, Long term investors should also have set an affordable risk ratio in each stock.
- Top stock means investors should not have to enter blindly on any day, there is a proper time for buying and selling, hence to take entry in any stock, investors need to look for a proper time for buying.
- Investors can look for financial stability, growth potential, industry trends, and any risks that may affect long-term investment. Check the price chart and set buying at the correct Support level.
Conclusion.
Long-term investing represents an effective way to build wealth and reduce investment risk. Choosing the right stock at the right time is important and this article provides a comprehensive list of exemplary stocks for long term investment.
Disclaimer: The information and mentioned stocks in this post is just an author’s view and is just for entertainment, education, and information purpose and it does not indicate any kind of investment. Please perform your own research and take advice from your fund advisor. The information in this post will not be responsible for any profit or loss.