Stocks To Buy For Mid-Term Investment

Here are few stocks to buy for mid-term investing recommended recently by stock trading brokers.

Steel sector stocks

SAIL (Steel Authority of India)
CMP: Rs.255
Stock price target: Rs.291
Factors to consider: String balance sheet, focus on India, aggressive capacity expansion.

JSW Steel
CMP: Rs.1134
Stock price target: Rs.1400
Factors to consider: Expected volume CAGR Growth of above 30%.

Infrastructure sector stocks

ERA Infra Engineering
CMP: Rs.212
Stock price target: Rs.290
Factors to consider: Focus on high margin contracting and equipment rental business provides it lot of opportunities in infrastructure sector.

Auto ancillary sector

Clutch Auto
CMP: Rs.53
Stock price target: Rs.125
Factors to consider: Expected EPS in current year to be Rs.9-10 and Rs.14-15 in FY11.

All recommendations by: Anand Rathi stock broking and financial services firm