Stock trading and investing has given good returns historically. Financial planners always advise clients to devote a good percentage of their savings to investments in financial markets. There are numerous investment strategies and countless ways investors explore the stock markets. But an all-time favourite strategy, also recommended by many financial gurus, is to invest in good quality stocks for long term returns.
The Long Term Magic
Many of us are tempted by get-rich-quick schemes in this age, only to be left disappointed by the results later. Hence, we can hardly rule out the importance of value investing and adopting the discipline and conviction of the “buy and hold” strategy.
Let us look at some stocks which can be good bets to invest in 2022:-
1) Tech Mahindra
Tech Mahindra is a multinational company, primarily in the field of IT Services and Consultancy. It is a part of the well known Mahindra group of India. Since its inception in 1986, Tech Mahindra has grown from strength to strength and now has operations spread across 90 countries.
The company is ranked #5 amongst India’s top IT firms. It also featured in Fortune 500 India list in 2019 at an impressive # 47 position. Tech Mahindra acquired the scandal-hit Satyam Computer Services and then merged it with its own operations in 2012. The Tech Mahindra share price has seen a significant jump in the last two years and is expected to be a good bet for the future as well.
2) HDFC Bank
HDFC Bank has recently created a big stir in the market with the announcement of its merger plans with HDFC. HDFC Bank shares have always been popular with the Retail as well as Institutional Investors. HDFC Bank is headquartered in Mumbai and is considered India’s largest bank by market capitalisation. The bank has enjoyed an excellent track record and is considered by many as a very effective wealth creator for Investors. HDFC Bank’s stock price has risen exponentially over the years. Many financial experts believe that the upside growth story of this Stock is still intact.
3) HUL
Hindustan Unilever Limited is a subsidiary of the British conglomerate Unilever. It is a fast-moving consumer goods company. Its products include food items, beverages, personal care, cleaning agents, etc.
The products are hugely popular amongst the masses. It is one of India’s oldest consumer goods companies, having been founded in 1933. It follows the concept of Sustainable Living and has its own in house R & D facilities devoted to solid product development. HUL share price has gradually and consistently risen over the years and has been extremely rewarding for its Investors in the long term.
Online stock trading has opened doors for many of us to participate in stock markets. Also, now, valuable data regarding any company’s performance is readily available online. It helps investors tremendously be updated with market news and look for suitable long-term investments that can help them achieve their financial goals.