How to choose best stocks for beginners?

Criteria to select best stocks.

COMPANY ANALYSIS

Lillaney, RTI For Money

5/6/20232 min read

Technical AnalysisTechnical Analysis

Which stock is good to earn a profit for beginners?

Although profits cannot be guaranteed we can skew the odds in our favour by buying stocks with the following characteristics.

  1. Current quarter earnings per share greater than earnings per share of the same quarter last year by 15-20%.

  2. Annual earnings per share of current year greater than earnings per share of previous year by 15-20%.

  3. New highs, new management, new industry - there should be something new happening in the stock which will act as a catalyst and cause the stock price to increase.

  4. Shares outstanding should be low.

  5. Leader in the industry

  6. Institutional ownership

  7. Market should be in an uptrend as 3 out of 4 stocks follow the general trend.

Which is the No 1 profitable share in India?

The highest profit-making company in India is Reliance Industries followed by ONGC. You can find a comprehensive list of the most profitable companies in India at the link below:

Top Companies in India, Top Stocks in India by Net Profit, List of Top Stocks in India {2023} - BSE (moneycontrol.com)

How to earn 1,000 rupees per day in the stock market?

To earn 1,000 rupees per day we have to do some calculations to come up with the investment required. There are many stocks which move anywhere between 0.1% to 1% in the stock market on a daily basis. If you can catch these stocks on a daily basis you will need anywhere between 1,00,000 and 10,00,000 to invest on a daily basis. If you can arrange the capital and catch the stock movements daily you can earn 1,000 rupees per day.

Can I invest 1000 rs in stocks?

Yes, you can invest 1000 rs in stocks and even a lower amount. But remember that the brokerages and other taxes/charges will reduce your investment capital further, so its better to try and invest a higher amount if possible.

Which stocks double every 4 years?

For a stock to double every 4 years its earnings have to grow by 18% CAGR. You can find a list of stocks growing at 18% CAGR.

Is 20% profit good for stocks?

Depends on the time frame. In a year it is good but in 5 years it is bad 🙂