InvestorQ : Can you tell me 5 stocks that make me a Crorepati in 2022?
indhumathi Sayani made post

Can you tell me 5 stocks that make me a Crorepati in 2022?

Answer
image
diksha shah answered.
5 months ago
Follow

That is a good one, although I think there are no simple answer. So, I will skip your Crorepati ambitions for now and tell you about some interesting themes for 2022. You must look at sectors like new energy, digital and specialty chemicals as the big plays of 2022. Remember year 2022 will not be a year when the Nifty can give you 25% returns because financials will be under pressure. But there will be good pockets of excellence. Here is a sampler.

1. You can buy Bajaj Auto at the current price. The stock is not only a fantastic play on exports but EVs in India are likely to take off much faster on 2 wheelers than on four wheelers. That could be the big trend for year 2022.

2. You can buy UPL, which is a pure specialty chemicals play. The company has created an inorganic giant and has a strong Latin American franchise. Also, this stock is likely to benefit as the Chinese environmental pressures on specialty chemicals is likely to continue even in the coming year.

3. The third stock that is a good buy will be Nykaa (FSN E-Commerce) and it is likely to be the best digital play in the coming year. Apart from being profitable in a small way, the company has got its omnichannel model perfected.

Apart from the above 3, there are two more stocks I expect to be surprise packages in the coming year. On is L&T, which will ride the capital cycle revival in India. The other surprise package will be NTPC as the value of its renewable business gets discovered. You can give it a try.

385 Views