Since this is first time I am writing blog on a new year eve and I am kind of fond of predicting some of the stock actions, I thought let me put it in writing so I can evaluate if they were on target or not. Some of these may be obvious but nonetheless let me put them in writing. I am willing to take bets (Bhandi - are you up for it:-)
Top 5 stock predictions:
Google: Google hitting $ 500 (pre-split)in next 6 months (before 7/1/06), gets included in S&P and gets split
PALM: Will hit $ 40 by year-end
Apple: Will split 2:1 and hit $ 42 after split ($ 84 before split)
EBAY: Will cross $ 50 in next 9 months (before 10/1/06)
Click Commerce (CKCM): An RFID vendor will cross $ 30 (currently at $ 21)
Mutual Funds:
- Japan and Korea based mutual funds continue to do well. Watch out for Profunds Ultra Japan and fidelity Korea funds
- Health care industry would continue to return decent returns
Indian stocks:
- BSE index will cross 10500 by year end
- Aptech will touch 200 in one year (currently at 138)
- Apollo Hostpitals will reach 625 in one year (currently at 490). Medical tourism will start gaining major traction and since Apollo is best positioned in this space will start getting noticed
- Hexaware Technologies will reach 180 by year end (currently at 130)
Trends in Politics:
- By year end, Hillay will start giving indications about being candidate for 2008 presidential election
- John McCain's candidacy on Republican ticket will start getting momentum
- No major changes in Indian Politics other than BJP trying to stay relavent by creating some new about internal party politics
Personal resolutions:
- Excersize at least 2 days a week (just a simple jog in morning)
- Other resolutions are too private to list them here:-)
Happy new year !
Shyam
Top 5 stock predictions:
Google: Google hitting $ 500 (pre-split)in next 6 months (before 7/1/06), gets included in S&P and gets split
PALM: Will hit $ 40 by year-end
Apple: Will split 2:1 and hit $ 42 after split ($ 84 before split)
EBAY: Will cross $ 50 in next 9 months (before 10/1/06)
Click Commerce (CKCM): An RFID vendor will cross $ 30 (currently at $ 21)
Mutual Funds:
- Japan and Korea based mutual funds continue to do well. Watch out for Profunds Ultra Japan and fidelity Korea funds
- Health care industry would continue to return decent returns
Indian stocks:
- BSE index will cross 10500 by year end
- Aptech will touch 200 in one year (currently at 138)
- Apollo Hostpitals will reach 625 in one year (currently at 490). Medical tourism will start gaining major traction and since Apollo is best positioned in this space will start getting noticed
- Hexaware Technologies will reach 180 by year end (currently at 130)
Trends in Politics:
- By year end, Hillay will start giving indications about being candidate for 2008 presidential election
- John McCain's candidacy on Republican ticket will start getting momentum
- No major changes in Indian Politics other than BJP trying to stay relavent by creating some new about internal party politics
Personal resolutions:
- Excersize at least 2 days a week (just a simple jog in morning)
- Other resolutions are too private to list them here:-)
Happy new year !
Shyam
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