Hi,
As the stock market has taken a beating for a week now, I am planning to invest in some of the following stocks:
Canara bank, Sesa goa, RIL, ONGC, JSW Steel Limited
I’ve shortlisted these based on the data on moneysights: They are near 52wk low, lower PE, cash rich and good upside potential.
I am planning to invest for the long term (atleast 3 yrs)
Can you suggest if I am on the right path and doing anything fundamentally wrong?
Thanks,
Srinidhi