Moves you make now, can make or break your portfolio this year

Moves you make now, can make or break your portfolio this year

By Rajiv Kapoor | 8 January, 2017

The market has undergone some seismic changes in the last 50 days that will have a huge impact on every investment you own in the months ahead. I am not exaggerating when I say that the moves you make today can make or break your portfolio in the year ahead. So the absolute #1 thing you can do to start 2017 right is to take a few moments and be sure you own fundamentally superior stocks that are positioned to thrive in the volatile year ahead. It is also important that you get rid of stocks that are about to be left behind and make a hole in your portfolio. The events of the last 50 days have led to major changes and I urge you to give your portfolio a complete check up.

Salzer Electronics Limited is a leading player offering customised electrical solutions in switch gears, wires and cables, and energy management business. It is the largest manufacturer of CAM operated rotary switches and wire ducts in India, with a market share of 25% and 20%, respectively. The company has a wide distribution network domestically and globally, exporting to more than 40 countries. In India, Salzer markets its products through its own distributors and more than 350 local distributors of L&T. The company has a strong research and development team that focuses on developing and commercialising the technologies of the products, and as a result offers customised electrical solutions to its customers. The growth in the electrical and industrial electronics industry is driven by domestic demand, although there has been an increase in exports for transformers, cables, conductors, meters and insulators. Policy changes and various initiatives undertaken by the industry are eventually showing signs of revival as under the “Make in India” theme of the government, the industry is in a position to attract more investment and eventually would seek more growth. Power is essential for economic development as it not only enables sustainable and inclusive economic growth, but also the standard of living within a country. The increase in power generation capacity and expansion of India’s transmission and distribution network has resulted in rapid growth in the electrical energy sector. The Salzer stock currently quoting at the Indian bourses at Rs 190 is a good buy for portfolio investors, with a price appreciation target of Rs 240 in two months.

Rajiv Kapoor is a share broker, certified mutual fund expert and MDRT insurance agent.

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