ITC - The worst might be over
Really liked the stock at 150 levels for multiple reasons inc being debt free and a cash cow. Such markets need stocks which can produce enough free cash coz plenty of businesses will be available to purchase on the cheap going forward.
ITC will also pay out a fantastic dividend going forward with no DDT to pay and increasing it payout radio to 80-85%
Its my 2nd fav pick after Divi's Labs to accumulate between 135-150 levels with a 3-5 year investment horizon.
ITC will also pay out a fantastic dividend going forward with no DDT to pay and increasing it payout radio to 80-85%
Its my 2nd fav pick after Divi's Labs to accumulate between 135-150 levels with a 3-5 year investment horizon.
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免責聲明
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