I have been sharing my picks specially newly entered here like Sheela Foams,MRSS,PFC/REC,DBL,Shankara Building & NBFCs.
I feel instead of running after new ideas its better to buy an existing stock of your portfolio averaging on upside forgetting Price Anchoring. You know the company like back of your hand so chances of committing mistake are less & your allocation also improves. Without proper allocation investing becomes just a time pass giving momentary thrills & not much.
Wealth is created if your allocation is more & you hold the stock for a long time as long as story is intact.Best returns come in 3rd or 4th year of investing specially where opp size is good,which requires lot of PATIENCE the single most important quality an investor needs.
I experienced the same with Avanti Shilpa Occl Garware Wall Shivatex Mana Bharat Rasayan which I continue to hold… I also hold different NBFcs other then MFIs.
In bull market everyone becomes an expert investor so caution and proper homework on stocks too is very important .