I’ve recently joined this forum. I’m 25 years old and I started investing in stocks 1 year back. After hours and hours of searching on the net for information about stock advice, stock picking strategies, value investing, etc I somehow landed on this forum. I am absolutely amazed at how knowledgeable some of the people are on this forum. I only wish that I can be as insightful as some of you in the course of time - don’t think it’s possible currently
Here is my portfolio :-
Stock Name Avg Mkt Price % Allocation
REC 266.44 14 %
Sintex 77.82 7 %
Bajaj Electricals 275.73 6 %
ITC 337.21 43 %
NDMC 175.1 13 %
IPCA Labs 726.76 5 %
Suzlon Energy 28.18 12 %
I don’t think this looks a great portfolio currently. There would be one common theme for most of these stocks, I picked them up 20-30% lower than their all-time highs. I guess I also need to reduce my exposure to ITC.
Have a feeling that there are too many defensive stocks in this. But in the current scenario, I’m struggling to find any stock with cheap valuations and looking for tips on that. Don’t have any particular time horizon (can hold more than 2 years as well).
Would definitely like to know your views on stocks like Sintex, Suzlon.
Eagerly awaiting your views /suggestions.