Two Picks for the Long Term Portfolio
Yesterday, I made two buys for my long term portfolio. I rarely make buys for this portfolio but I couldn't help but notice two stocks that looked ripe for a long term buy. So, I decided to scoop up two of my past favorite Indian stocks: SLT and TTM. Both are stable companies that have taken a hit because of the emerging market mess. Despite this, I believe that once everything clears, these stocks will soon be off to their old highs. A high growth country like India will recover quickly from the market mess and its growing economy will help stimulate the stock prices of SLT and TTM.
3 Comments:
Nick, nice call on SLT :>) and I have followed your blog for almost a year or less. Great blog and some great calls over this time. Keep it up and I will keep referring.....
Thanks Lee,
I had a bit of luck with SLT. I've been following it for a while and decided to stay on the side lines until I noticed the stock overextended to the downside. So far so good. Thanks for checking out my blog. Please, keep reading and I'll keep on posting the best trades that I possibly can.
Best,
Nick M.
SLT - up nearly 44% from B.P
TTM- Up 52% from B.P
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