Among sectors, Nifty metal and PSU bank indices fell percent, while buying was seen in auto, energy, infra and pharma names. Traders should keep stock specific action on radar, as volatility is likely to grip markets in coming week. The BSE midcap index shed 0. Here's what Mazhar Mohammad, of chartviewindia. The market seems to be reluctant to pick up the upside momentum and is stuck at the hurdle of 18, levels, says Nagaraj Shetti of HDFC Securities.
Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance. Develop and improve products. List of Partners vendors. A good-quality penny stock will often require tremendous patience from its shareholders.
In fact, when I pick a low-priced equity that looks to be a winner, I usually wait between six and eighteen months to gauge whether my opinion was correct or not. For every penny stock that sees lift-off right away, you'll find dozens of others that will stretch your patience thin as a rail.
This is because many of these cheap stocks are operating in unloved industries, turning a corner after a series of missteps, or finally taking their first steps toward achieving growth. Effecting a comeback and winning back the market's confidence can take time. A lot of time. Still, my years of trading have taught me again and again that my patience is almost always rewarded, provided I've conducted my due diligence and—just as importantly—listened to my gut.
In this month's column, you'll find some low-priced stock ideas that are currently interesting me very much. I hope you'll find them interesting too … and that your gains will come sooner rather than later.
Some of the set-ups I describe below may no longer be relevant or intact as of the time you read this article. Please conduct your own due diligence. Many stocks mentioned here were also discussed in the Peter Leeds Newsletter. Peter may own shares in some of the investments mentioned, in which case that fact will be clearly indicated.
Please note that penny stocks are notoriously volatile. I first mentioned Alto Ingredients, Inc. The problem?
These rises happened on the back of … not very much at all. A fairly significant price climb with no real company news to back it up is often a red flag for me, unfortunately. This could mean ALTO was taking something of a "breather" before climbing once more. Not necessarily. If you're looking for the best stocks to invest in, you might also want to consider investing in stocks through index funds. Charles River Laboratories International Inc.
Data is current as of November 1, Picking individual stocks is difficult, which is why many investors turn to index mutual funds and exchange-traded funds, which bundle many stocks together.
Likewise, investors can track the DJIA with an index fund tied to that benchmark. If you want to cast a wider net, you could purchase a total stock market fund, which will hold thousands of stocks. Read our review of Morningstar. Limited time offer. Terms apply. There are index funds that track a range of underlying assets, from small-cap stocks, to international stocks, bonds and commodities such as gold. Index funds are inherently diversified, at least among the segment of the market they track.
Because of that, all it takes is a few of these funds to build a well-rounded, diversified portfolio. Retired: What Now? Personal Finance. Credit Cards. About Us. Who Is the Motley Fool? Fool Podcasts. New Ventures. Search Search:. Nov 12, at AM. You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest.
Follow AMCScam. Key Points Buying great companies and holding for the long term is a proven wealth-building strategy. Image source: Getty Images. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Join Stock Advisor Discounted offers are only available to new members.
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