Stocks that can Double - ENAM
Friday, June 06, 2008The days of Multibaggers are behind us now. Analysts are looking for stocks that can potentially double on FY-2011 earnings estimate i.e within a time frame of 24-36 months. ENAM has researched some based on, imputed EPS FY 2011 calculated to achieve a stock price doubling. They have covered only stocks with Market Cap greater than $2bn who have reasonable chance :-)
The Top 5 candidates based on Market cap are - Reliance Industries, ICICI Bank, SAIL, Sterlite Industries and Gas Authority. You can see the rest of the list of stocks here.
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