Stocks that can double your money - Fusion - WeRIndia

Finding the right investment is not an easy task. However, to make it easy for you, here are some great stock choices which have the potential to double your money in the long term.

Quickheal Technologies

Quickheal happens to be a leader in the anti-virus software in India. The company has IPO priced at Rs.320. At present the stock is available at just Rs.260. The company is also debt free. Due to its fast growing nature, it has the potential to double in long term.

PNB

Despite banks not being in a great state now, it should be noted that the best time to buy stocks is when they are in a bad phase. Currently, the PNB stocks have halved from Rs.150 to Rs.80. This gives it a lot of potential to improve drastically in the future.

Eros Entertainment

Even though it is a leading distributor and producer of films, the stocks of Eros have dropped from Rs.600 to Rs.207. The reason for the fall is because of doubts over the accounting standards adopted by the company. They were however clarified. This makes Eros a great choice.

Canara Bank

Canara Bank is expected to be just like PNB. There is a high chance for it recover from the current stock price of Rs.200.

Coffee Day

They run the popular Cafe Coffee Day Chain. Their stock fell from its IPO price of Rs.328 to Rs.260. With its rapid expansion, Coffee Day is expected to rise well in the future.

Healthcare Global Enterprises

Their stock is also like Coffee Day Enterprises. It is below its IPO price of Rs.218. The company has many popular brands which can improve its stock vastly in the next five years.

Coal India

Its stock is at Rs.287 and the company offers a dividend yield in excess of 7 percent. This is a better yield than bank deposits going by post tax yields. It is a good bet in long term.

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