Best Stocks for swing tradingService Offerings
The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services.
Intelligent Automation Platform
The company have developed its own intelligent automation platform that combines the capabilities of its various IP products along with AI, ML and NLP models developed by its datalabs. The market for the same is forecasted to grow at a CAGR of ~19% over 2020-25.
PROS
Company is almost debt free.
Promoter holding has increased by 3.02% over last quarter.
CONS
The company has delivered a poor sales growth of 7.10% over past five years.
Company has a low return on equity of 13.7% for last 3 years..
Finally My view as a technical analyst :
It is trading at all time high.
This stock is technically ready to move upside volumes are high.
As a swing trader and momentum trader we may go long.
Note: This is only for education purpose. Not for buy and sell.
I am not SEBI registered.
Beststockstowatch
Best Stocks for swing tradingHCL's main products are 1) Continous Cast Copper rod, 2) Copper Cathode, 3) Copper Concentrate.
1)Copper Sulphate, 2)Sulphuric acid, 3) Anode Slime, 4) Nickel hydroxide, 5) Reverts are its By-products.
PROS:
Company has reduced debt.
Company has been maintaining a healthy dividend payout of 19.8%.
Company has delivered good profit growth of 43.4% CAGR over last 5 years.
CONS:
Stock is trading at 6.04 times its book value
The company has delivered a poor sales growth of 8.64% over past five years.
Company has a low return on equity of -2.26% for last 3 years.
Company might be capitalizing the interest cost.
Promoter holding has decreased over last 3 years: -9.91%.
Finally My view :
This stock is technically ready to move upside volumes are high.
As a swing trader and momentum trader we may go long.
Note: This is only for education purpose. Not for buy and sell.
I am not SEBI registered.