Stock worthy to held as Fixed deposit | Indian Stocks to Make You a Millionaire
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Stock worthy to held as Fixed deposit

Posted By On 7:15 PM Under

1. I am a firm believer that at times a number of stocks should be bought as a fixed deposit as their returns will be out of proportion to the amount invested.

2. One stock which falls into this category is Infosys as it has bulging cash coffers and is going in right direction by buying or taking stake in quality companies.

3. It is shifting to high-margin services and thus it will be able to keep its margins in positive direction.

4. Thus if you have an appetitie and can hold the stock for minimum two years than this stock is for you as stock is trading at 17 times its likely 2008-09 earnings and if it closes above 1751, the stock will march off in positive direction. Do remember to read Infosys day trading tip here.

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