Sunday 5 October 2008

Buy Hero Honda, says Vijay

Portfolio Manager, PN Vijay is of the view that one can buy Hero Honda.

Vijay told CNBC-TV18, "I will buy Hero Honda because they are in that segment, which is going to improve rural demand. Within the two wheeler segment they seem to be holding their own and most importantly if one took the view that next six months credit should ease; Hero Honda will be a great beneficiary. So it has been holding on in this bad market and it will still continue to outperform."

Disclosure: It is safe to assume that analyst and his clients may have an investment interest in the above stock/sector.

Source: MoneyControl

Posted by Harsh at 22:41

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DISCLAIMER: The author is not a registered stockbroker nor a registered advisor and does not give investment advice. His comments are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell a stock, option, future, bond, commodity, index or any other financial instrument at any time. While he believes his statements to be true, they always depend on the reliability of his own credible sources. The author recommends that you consult with a qualified investment advisor, one licensed by appropriate regulatory agencies in your legal jurisdiction, before making any investment decisions, and that you confirm the facts on your own before making important investment commitments.