Stock Market Tips for 1st week of Dec

Here we discuss about stocks and we should buy them or not.
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niveza
Posts: 132
Joined: Wed Feb 22, 2017 3:48 pm

Stock Market Tips for 1st week of Dec

Post by niveza »

Every week the who’s who of stock market recommend buying certain stocks. But no one tells you why you should buy them. We find the top trending stock tips and tell you whether to buy these stocks or not coupled with factual reasons. It's your chance to beat the chaos of the market and get straight and streamlined information on the most valuable stocks.

Stock Market Tips for 1st week of Dec

Axiscades Engineering Technologies (AXISCADES): Avoid (CMP: 140.65)

Valuation: Overvalued with trailing PE of 64.43x as compared to peers.
Reasons to Avoid: Operating profit of the company has got impacted due to higher project cost from the US from last one year, which in turn is eating out its net profit.
Driver: The company has a global presence in the aerospace engineering sector and one of the niche player. Company's project cost from the US is affecting its margins as per management which is yet to improve.
Financial: In Q1FY18, net sales down by 16% Y-o-Y to Rs 53 crores. EBITDA margin stood at 6.2% vs 16.93% in Q1FY17. PAT is negative.

Read more stock Tips@ http://bit.ly/2B6XUsu
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