Total Pageviews

Wednesday, February 20, 2013

Best Performing Stocks: "Market knows"

A Morgan Stanley report released in February 2013 concludes that "the collective wisdom of the market is superior to that of analysts". Capital Market (Feb 18-Mar 03, 2013) made a study of their DATA BASE  & reported that 53 Companies out-performed the BSE Index over 5 years.

It was assumed that an investor followed the SIP system  & bought 1 share at the closing price of month over FIVE YEARS & similarly 1 unit of SENSEX. On the basis of the return so generated compared  with the FIVE years growth of 0.62 (for SENSEX), the study reveals 53 Companies listed on Page 10 .

I had pruned the list, by eliminating Companies with market Capitalisation of Rs. 1,000 crores or less, to just 39 Companies.

Investors may consider these Companies, scrutinise the strong & weak points before investing.Full data are in:

https://excel.office.live.com/x/ExcelView.aspx?FBsrc=https%3A%2F%2Fwww.facebook.com%2Fdownload%2Ffile_preview.php%3Fid%3D271187749681168%26time%3D1361430442%26metadata&access_token=1835286898%3AAVKd9GrW_0qtqkmUFtht2mlaMOf-wW5vAWF9HMlG_Dal3A&title=DS_BestMKT2.xlsx

Gillette and BOC  have public holdings less than 25% and are required to comply with the SEBI guidance by either DELISTING or fresh issue to the public.

Caution: there is No guarantee that they may out perform the Index in future just because they had done previously.


No comments:

Post a Comment