Anshul Saigal identifies 5 sectors with significant profit potential
«If you are taking a three-five-year view, I think that even in capital goods and manufacturing, there are some really lucrative opportunities which have really not done as well as the broader capital goods and manufacturing space and that is where, again, there will be money on the table and you can make substantial moneys from here in the next two to three years,» says Anshul Saigal, Founder, Saigal Capital.
What should one do simple? Which are the ideas where you think big money could be made? Which are the stocks which you think one should completely avoid, whether it is because of business risk or valuation risk?
Anshul Saigal: I can tell you where I am an investor and where I see opportunity. I can tell you that rural economy is at the cusp of a turn and while we have had a raging bull market, stocks which are leveraged to the rural economy, discretionary rural economy, those are half from their all-time highs, so that segment has been a complete laggard because the broad market has been weak.
I think that space in the next 6 to 12 months will start turning and you are getting quite favourable risk reward opportunities at this time, so that is where one will make money in my judgment.
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If you are taking a three-five-year view, I think that even in capital goods and
