Do you like any stock in this list for long term? And do you agree with targets of the picks?
In the banking space, I like IDFCFIRSTB more given their exceptional asset quality and impressive delivery on guidance.
At best, AXISBANK has the potential to deliver 2.5x in the next 5 years but IDFCFIRSTB has the potential to deliver more than 8x, even if you take a conservative growth of 20% YoY, that still makes â‚ą13,000Crs PAT FY29E annual. Real Estate space is as saturated as it gets.
IMPORTANT NOTE: If Jefferies had the best research, they would recommend something from the chemical space, because after 5 long years amines are now 20% up YoY which means chemical space is turning around. Players like Balaji Amines, Ami Organics, Fairchem could easily 5x but they won’t recommend that.
Likes of such wealth management companies, write research reports to dump the exit on retailers and bash the ones that their UHNI clients are buying to keep the prices down.
Jefferies and the likes, never incidentally caught a multibagger, because they pay inflated salaries to analysts to not go wrong. They pick the popular flavour of the season, and if it is right, all credit goes to their “award-winning” research and if they fail, see nobody else performed either.
Remember folks, nobody cares about the retail. Everything that you need to become rich is inside you, stop seeking outside validation and do your own research. News, brokerages, powerful people, saare ke saare mil k pagal bana rahe hai hume. 
2 Likes