2016 has turned out to be an extraordinary year by any standards, be it the Brexit vote in the UK, the election of Donald Trump as the president-elect, or the Demonetization in India. All these events are quite unprecedented.
Let's analyze how the stocks performed against this backdrop.
In December 2015, CNBC TV 18 published a list of 16 stocks to invest in 2016 - forecasts of 4 market experts. Overall, the forecasts have done marvelously well. Had you bought 1 share of each company, you would have made 23% in the year - not bad by any standard! Even after brokerage and taxes, an annual gain of about 20% is just amazing, that too in a year when the indices have been more or less flat.
|Expert||Stock||Dec 24 2015||Dec 30 2016||Gain/Loss %|
|Porinju Veliyath||Indian Hotels||115||98||-15%|
|Anant Raj Ind||43||39||-9%|
|Deccan gold mines||34||44||29%|
On 6th December 2016, CNBC TV18 published a new list of stocks to watch in 2017 - Super 17 for 2017. We will track this list in 2017. Overall, the stocks are pretty flat over the last month (since the publish date).
Super 17 for 2017
|Expert||Stock||6 Dec 2016 Price||Dec 30 2016||Gain/Loss %|
|Daljit Kohli||Jubilant Life||695||632||-9%|