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Amnish Aggarwal's Winning Formula: ABB And Siemens Lead The Charge In Capital Goods Stocks

  • Posted on June 27, 2023
  • News
  • By Ishna
ABB And Siemens In Capital Goods Stocks

Looking for stocks that have the potential to surge by 30-40% in the next 2-3 years? Look no further than the insights of Amnish Aggarwal, the Founder of Prabhudas Lilladher. Aggarwal's optimism lies in capital goods companies, with a particular focus on ABB and Siemens, two prominent players in the field.


When it comes to new-age tech stocks, profitability is the key factor to consider in the long run, and Aggarwal believes that some of these companies have a reasonable chance of turning profitable within the next couple of years.


If you're wondering about Aggarwal's top stock idea with a 30-40% potential upside in the next 24-36 months, he doesn't restrict himself to specific market caps. Whether it's midcap, large-cap, or smallcap, the choice is yours.


Looking for stocks that have the potential to surge by 30-40% in the next 2-3 years? Look no further than the insights of Amnish Aggarwal,
Amnish Aggarwal's winning formula for capital goods stocks

However, if you ask Aggarwal for his personal recommendation, he holds a strong belief in the capital goods sector, particularly in ABB and Siemens, as they continue to perform admirably.


Moving on to other market trends, certain select stocks have experienced a decline from their previous highs. Aggarwal offers his perspective on Paytm, Zomato, and other new-age tech companies, noting that they have undergone significant corrections while their business models have matured. These companies have realized the importance of financial sustainability and can no longer afford to burn through capital indefinitely.


Furthermore, Aggarwal highlights the influence of US tech stocks on valuations, as the top 10 to 20 companies in the US tech space have seen substantial rallies in the past six months.


Discover Amnish Aggarwal's winning formula for capital goods stocks as ABB and Siemens lead the charge.
Discover Amnish Aggarwal's winning formula for capital goods stocks as ABB and Siemens lead the charge.

In the long term, Aggarwal expects these new-age tech stocks to stabilize and generate profitability and returns for shareholders over the next five to seven years. However, the next couple of years will be a critical period for these companies, testing their ability to adapt to ever-changing circumstances, achieve profitability, and demonstrate sustainable financial performance. Aggarwal emphasizes that long-term profitability will be the key metric for valuation, and many of these companies are now shifting their focus toward achieving profitability within the next couple of years.


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