Purchase Tea Stocks
August 23, 2010 | In: Stocks To Buy
As we know that the winter season is going to arrive shortly and Tea consumption is going to rise a lot. And as the consumption is going to rise, we will see the prices going up along with tea companies’ profits. It is a wise decision to buy into tea stocks around this time of the year and would suggest selling it around January as the winter starts to decline.
I had ventured into the tea stocks last year around August and made a whopping 50% profits in it when I sold them in January. My favourite picks in Tea Stocks are Mcleod Russel, Tata Tea and Jayshree tea. I’m currently invested into Mcleod Russel at the levels of 250, and I’m pretty sure that I’d see no less than 350 levels around December/January. If you are also interested in earning money along with me, then get into one of the above listed companies as soon as possible and continue to hold the stock till January. I promise you no less than an awesome return.
Even today if we see, Tata Tea had a very nice run up, Mcleod had already run upto 265 levels from where it corrected and is consolidating right now around 255 levels, we will see it moving up again very soon. The current level of 255 in Mcleod Russel is a fantastic level to get into, you will make a very nice profit, let the year end.
Related posts: