A Multibagger stocks are stocks that generate multifold returns for the investors. A multi-bagger stock can help you in generating massive wealth. You can become crorepati by investing in multi-bagger stocks. However, it is very difficult to find a stock with multibagger potential. You need to do immense research and consider multiple factors for identification. Instead of doing a self-identification of stock it is recommended to take help from stock market experts. Vijay Kedia and Porinju Veliyath are well-known stock market experts in India. They are known for identifying future multibaggers. Here is a detail of multibagger stocks for 2019 suggested by Vijay Kedia and Porinju Veliyath.
Multibagger Stocks for 2019 by Vijay Kedia & Porinju Veliyath
Multigagger stocks by Vijay Kedia
During a recent interview of Vijay Kedia published on Moneycontrol, he recommended four potential multibagger stocks. All these four stocks are from his own portfolio holdings. These stocks are Everest Industries, Repro India Ltd, Sudarshan Chemicals Industries, Vaibhav Global.
Vijay Kedia explained that these stocks are good buys for 2019 because they are doing well and moving into a high growth era.
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Vaibhav Global
Vaibhav Global is multinational electronic retailer and wholesaler of fashion jewelry and lifestyle accessories. Vaibhav Global has an innovative business model for selling jewelry. They have a dedicated TV channel called Liquidation Channel for selling jewelry and other products. Vaibhav Global has generated nearly 5600% returns in the past 10 years. Vijay Kedia is holding this stock in his portfolio.
Everest Industries
Everest Industries is next stock recommendation. This stock is also recommended by Porinju Veliyath. Everest Industries is in the business of building solutions ceiling, flooring, and pre-engineered buildings. Building a solution market is growing at a faster rate. A new program by the government of India “Housing for all by 2022” would drive additional demand for building products and provide a business opportunity for a company like Everest Industries. Vijay Kedia is holding a large stake in Everest Industries.
Repro India
Repro India is all time favorite stock of Vijay Kedia. Repro India is in print, content, and fulfillment solution business. As per Kedia, Repro India seems to be next disruption replacing book into digital content. You can get good returns from Repro India.
Sudarshan Chemical Industries
Sudarshan Chemical Industries is in the business of chemical. It is next high-conviction stock of Vijay Kedia. Sudarshan Chemical is on the expansion path and they are also increasing their global presence. Vijay Kedia’s portfolio contains large holding in Sudarshan Chemical.
Multibagger stocks by Porinju Veliyath
In the recent interview of Porinju Veliyath on ETNow he recommended hotel stocks for the investment in 2019. He has not given name of any stock as potential multibagger for 2019. He said 3&4 Star hotel operators are in a sweet spot. F&B at 5% GST. Room rates are mostly below Rs.7500 (18% GST). Margins to go up. Advantage at the expense of 5 Stars. Few listed companies in the space look attractive.
3&4 Star hotel operators are in a sweet spot. F&B at 5% GST. Room rates are mostly below Rs.7500 (18% GST). Margins to go up. Advantage at the expense of 5 Stars. Few listed companies in the space look attractive. Am I missing something?
— Porinju Veliyath (@porinju) November 10, 2017
Few recommended best stocks from hotel industry are Royal Orchid, Indian Hotels, Lemon Tree Hotels, TajGVK Hotels & Resorts etc.
Over to You
Do you think these multibagger stocks for 2019 will generate good returns in the future?
Do share your thoughts in the comment section.
(The views content and recommendations expressed in this post are of leading stock market experts and do not represent those of Moneyexcel.com. Please consult your financial adviser before taking any position in the stocks mentioned)