What is PruIdea?
PruIdea is a fundamental product recommending stocks with a long term view.
Process to select Stocks in PruIdea…
- Reading Annual Reports.
- Listening to Conference Calls of Management post reporting of Quarterly Results.
- Doing Channel Checks by Inquiring through Dealers and Distributors.
- Analyzing Free Cash Flows & Performance over Different Cycles.
- Analyzing the Competitors & Threats.
- Referring to Industry Research Reports.
- Making Financial Models for Future Projections.
- Deriving at Target Price using Relevant Valuation Techniques.
In addition to this, we look for red flags such as excessive managerial remuneration, promoter pledging, related party transactions, negative free cash flows in order to avoid companies wherein there could emerge corporate governance issues.
How has PruIdea Performed?
Here are the positions we have closed in PruIdea till date: