Stocks To Bet On From A Medium-Term Perspective? #AskBQ

Parthiv: The IPO was certainly very expensively placed, after which it hasn't done much. I would suggest a stock like Arvind Ltd., which due to de-mergers can result in a lot of unlocked value.

Amar: Looking at the way Escorts Ltd. has been correcting, this would not be a good level to enter. Any pullback to Rs 700-725 is a good level to buy.

Amar: He can look at Mindtree Ltd. He can look at Rs 1,120 and have a target of Rs 1,200. Tata Steel Ltd. is another stock. Any pull back towards Rs 610 is a buying opportunity. Have a stop-loss of Rs 590 and target of Rs 660.

Parthiv: I would not suggest an exit and switch as Eris is more expensive. I believe FY 2020 should be a fantastic year for these stocks. Good days are ahead for these stocks.

Parthiv: Torrent is more into exports to third-world countries. Cross currency pressure could play a dampener moving ahead.  I wouldn't suggest Torrent at (its) current levels.

A five to 10 percent correction in Dr. Reddys Labs is a fantastic entry point.

Amar: He should hold on.  He should have a stop-loss below Rs 308 levels and if the stock consistently trades around Rs 320-325 levels, then he can expect an upside rally towards Rs 340 levels.

Parthiv: I prefer APL Apollo Tubes Ltd. Though, V-Guard has corrected from its peak, its a good stock to hold for three to five years.

Amar: For the long-term trend, Rs 34-35 should be his target.

Amar: He should raise the stop-loss to Rs 740 and expect a rally towards Rs 790.

Parthiv: I would go for HDFC AMC due to clean business model and great growth potential.

Amar: Stock is extremely bearish and negative from short-term perspective. I would advise him to wait for some time.

Amar: BEL has corrected significantly and is extremely bearish. In BHEL, there are signs of a trend change, and hence, it's preferable.  Any pullback to Rs 70-72 per share is good. And, it can go to Rs 95-100 in the medium term.