Source: Ambit
Day: September 3, 2015
Forecasting Folly:CLSA Edition
Circa one year back on September 4,2014
Economic Times carries an article headlined “CLSA picks top four midcap stocks which can give up to 21% return in 1 year”
It helpfully puts out the following table for the benefit of its readers:
Now first forward to today i.e. September 3,2015.Interesting to see current prices now with respect to the targets given:
Company Name | Target (Rs) | CMP (Rs) |
Tata Communications | 450 | 383.4 |
Voltas | 292 | 258.65 |
Phoenix Mills | 390 | 327.8 |
Motherson Sumi | 410 | 295.1 |
As on September 2,2015 |
Forecasting Folly, anyone?
That Sucking Sound
Linkfest:September 03, 2015
Some stuff I am reading today morning:
Builders in trouble (FE)
Debt funds hit the reality of losses (VRO)
‘4G Challenge’ proves to be tough for Bharti Airtel (BS)
HDFC Research:Buy Sanghi Industries (MyIris)
List of highly indebted companies in the Indian stock market (Profitalyzer)
Most popular research paper suggests you be in cash (Bloomberg)
When stocks plunge (Motley Fool)
How market volatility affects our brains (Alpha Architect)
The lessons in a correction (Swedroe)
20% of Stanley Druckenmiller’s portfolio is now in gold (DR)