Market analyst Sandeep Jain in conversation with Zee Business Managing Editor Anil Singhvi on the 'Special Mid Cap Stocks' show on Tuesday recommended three stocks for good returns. These shares were selected for the long, positional and short-term targets.  

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Picking this stock from Pharma sector for long-term, Jain said GSK Pharma is a good stock to buy at this level as downside in this scrip is very limited. GSK Pharma did not show any aggressive move even during the current bull run and is very safe bait at the moment with very strong fundamentals. Best part about this company is that it is a zero-debt company that has posted a very strong Q3 figures. "December was one of the best quarters for the company. This stock should be bought for a target of Rs 1650 to Rs 1690 in the long term," Jain added.

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Sandeep Jain picked D-Link India as his positional/medium term stock. Talking about his positional pick, the market analyst said it is a good global brand with presence in around 60 countries.

"The stock also has very attractive fundamentals with zero debt and last three years CAGR of 23 to 24 per cent. It is a must buy at current level. One should expect a target of Rs 130 positionally in this counter."

Jain's short-term pick was also from a pharmaceutical company. Caplin Point was his third pick on 'Special Mid Cap Stocks show' on Tuesday. "This stock is available at good valuation and is trading at PE multiple of 15. It has stunning last five-year profit CAGR of around 52 per cent and sales growth of around 38 per cent. Caplin Point share should be bought for a target of Rs 530 in the short term," he added.