Hello! In this blog, we will tell you about the best stocks to buy for the long term. I will tell you 5 Indian stocks that are best for the long term. So let’s get started:
Long term stocks:
Long-term stocks are the main key to the success of stock market pioneers like Warren Buffet Rakesh Jhunjhunwala. If you are investing in the correct long-term stocks then it can make you filthy rich. The stocks I’m gonna tell you are not impeccable but they will help you to win in the long run.
Why long term stocks are better than short term?
This is a common question and many people reckon that short-term stocks are off the chain but I don’t think so. Short term stocks will give you a small amount but fast and long term stocks will give you a big amount of money but in a long time. As you know nobody wants to become rich slow and that is why many people are stuck in the rat race.
*Note: This is in any order.
5 best long term stocks:
Infosys is an Indian IT company it was founded in Pune and its headquarters are in Bangalore. It is the second biggest Indian IT company and its market cap is $ 71.92 billion.
It is not a new name almost every Indian knows about Tata consultancy services its headquarters are in Mumbai. It is the biggest IT company in India with a market cap of $ 169.2 billion and its parent company is Tata group.
3) Bajaj finserv:
Bajaj finserv is a subsidiary company of Bajaj it engages with work like money lending, insurance, etc. The market cap of Bajaj finserv is $ 5 billion.
ITC is an Indian company with its headquarters in Kolkata. It appears that many big companies in India are owned by ITC. The market cap of ITC is $ 3.4 billion.
5) HCL technologies:
HCL Technologies is an Indian company with its headquarters in Noida, Uttar Pradesh. The market cap of HCL technologies is $ 3.5 billion. All the companies mentioned above have bullish behavior.