Dr Vijay Malik’s Recommended Stocks – 1 Year Subscription

Description

Over time, we have received multiple feedback and queries from investors:

• Can we let them know our reasons for buying or selling any stock?
• Can we inform them which stocks are in or outside the buying range?

“Recommended Stocks” answer such queries as these stocks have buy/hold/sell recommendations and a crisp investment rationale, which will be updated whenever we change our views about any stock.

What a subscriber will get in this service:

• A list of fundamentally good stocks, which we believe have the potential to build wealth for shareholders. There will be a crisp investment rationale explaining our views about the company backing our recommendation.
• The stocks will be labelled as:
  • Buy: where we believe that the stock presents a good investment opportunity at the current price.
  • Hold: where we believe that the stock price has risen above comfortable valuation levels; however, the stock does not deserve to be sold.
  • Sell: where it is advised to reduce the exposure from the stock; mostly because we believe that the fundamentals of the company have deteriorated and the stock has lost our confidence. Rarely, it may be due to overvaluation; however, please note that it would be a rare occurrence.
  • Under Review: at times, a stock may be put under review when a significant event has taken place and we need some time to form our view about the stock.
• Once a month email from us commenting on the ongoing market scenario especially from the perspective if something significant has taken place leading to a change in views from a long-term investing perspective. Please note that it will not be a general mailer/newsletter describing the economic situation. There might be situations where according to us nothing significant has happened to change our views and the email may just state that.
  • To get an idea of the monthly email, you may read our letter of July 2022: Our Investing Philosophy, Interest Rates and Inflation (July 2022)
  • As a new subscriber, you will get access to all the previous monthly letters written by us.
• Even though we may mostly communicate with you via monthly emails; however, please note that we will continuously monitor the Recommended Stocks and communicate via email whenever our views about the stocks change whether positively or negatively.
  • Therefore, until there is any change in our views about any stock, the existing views mentioned in the last available update/report stand applicable at current market prices.

What a subscriber will NOT get:

• Any separate detailed voluminous research report will not be provided for stocks. The short investment rationale and updates present on the “Recommended Stocks” page will be the only reading material available to the subscribers.
• Any target price for the recommended stocks will not be provided. This is because we believe in a long-term investment horizon stretching over decades throughout the boom and bust phases of markets and the economy and do not believe in selling stocks over short-term price or business performance changes. We do not provide any return expectations. Good stocks are expected to provide good returns when held over a long period of time. We continuously monitor the stocks and usually sell when the fundamentals of the company deteriorate. Whenever any stock deserves selling, then we will update the same on the page and send an email update to the subscribers.
• Regular quarterly or annual reviews of stocks after results will not be provided. This is because instead of quarterly/annual reviews, we monitor stocks continuously and will update the subscribers whenever our views about the company change. If our views about the company stay the same, then we may not provide any updated review about the company even for many quarters. On the contrary, if our views about the company change, then we will immediately update the subscribers and not wait for the declaration of the quarterly or annual results by the company. The aim is to communicate with subscribers only when there is something necessitating a change in our views and not inundate the subscribers with regular reviews etc.
  • Therefore, until there is any change in our views about any stock, the existing views mentioned in the last available update/report stand applicable at current market prices.
• Reviews based on every corporate action, event etc. will not be done. Most of the events/corporate actions may not change our views about the companies; therefore, we do not provide any updates/reviews based on every corporate actions/events. However, please rest assured that we continuously monitor the companies and in case there is any significant event/action, then we will provide a review/update.
• No on-demand/on-request updates on the recommendations would be provided. We would update the recommendations on our own when our views change.
• One-to-one discussions about the “Recommended Stocks” with subscribers will not be done.
• Replies to subscribers’ queries about the “Recommended Stocks” will not be provided. If there is any development about the stock where we believe that an update needs to be provided, then we will provide it on our own.
• Any advice about allocation to the stocks in the list would not be provided. Subscribers need to take this decision on their own.

Instructions to subscribers:

• It is a subscription service. The access to “Recommended Stocks” will expire after the subscription period is over unless a renewal is done.
• Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.

Know Your Customer (KYC)

You will need to upload your PAN card for KYC compliance as required by the Securities and Exchange Board of India (SEBI) and Govt. of India.

We’ll use your PAN card to fetch your KYC details from the Central KYC Registry (CKYC)/KYC Registering Agencies (KRAs), and will have to share this information with regulators if they ask for it.

Frequently Asked Questions

Q: How many stocks are currently on the “Recommended Stocks” list?

On May 15, 2025, the list contains 9 stocks. The latest information about the number of stocks and recommendations is available only to subscribers.

 

Q: Do you advise any minimum capital for investment in “Recommended Stocks”?

We do not provide any guidance about any minimum capital for investment. An investor needs to make this decision on her own.

 

Q: How often do you add new stocks or remove existing stocks from the recommended stocks list?

Adding new stocks: We follow a very stringent stock-selection process. Only when a stock clears our parameters then we add it to the recommended list. My experience shows that I usually add one new stock in a year. This is the pattern for the last many years. However, it may or may not stay the same in the future.

Nevertheless, as the stock prices are very volatile; therefore, buying opportunities keep on arising within the existing stocks in the recommended stocks’ list. Existing stocks keep moving from hold to buy recommendation and vice versa.

We will monitor the stocks continuously and update the recommendation whenever our views about the stocks change.

Selling existing stocks: We follow a very long-term investment horizon, which extends into decades. Therefore, we keep very strict stock selection criteria. As a result, for most of the stocks we select, we do not need to sell them, and the stocks will continue to be in the recommended stocks until they remain fundamentally good. Only when any stock loses our confidence then we remove it from the list. Our experience indicates that we may remove a stock every 2-3 years; however, it may or may not stay the same in the future.

 

Q: Do you prefer any sector or market capitalisation segment etc., while making stock recommendations?

The “Recommended Stocks” list is a mix of large, mid and small-cap stocks, as per the SEBI-directed classification of market capitalisation of stocks published by AMFI (click here). We do not intentionally focus on any particular market cap segment.

We prefer to find stocks that show growth opportunities with good profit margins while maintaining a strong balance sheet. In this process, we do not differentiate stocks based on any market cap. Whenever we find any good stock meeting our stringent selection process, we add it to the recommended list irrespective of its market cap.

We follow a bottom-up approach to stock selection. Therefore, we do not prefer any sector when we make a stock selection.

 

Q. How much return do you expect to make from “Recommended Stocks” in future? Do you provide a target price for stocks?

We do not keep any return expectations or a target price. This is due to the following reasons:

1. When good stocks rise on recognition by the markets, then there is no limit to what extent they may rise.
2. At the same time, stocks have the habit of not responding even to good business performance for years altogether.
3. On the contrary, stock prices are volatile and frequently decline as well; for example, during the Coronavirus-related meltdown (Feb-March 2020), global financial meltdown (Jan 2008 – March 2009) etc., when a decline in stock markets took away returns of many of the preceding years. Therefore, an investor must understand that stock market investments are risky and that any return on investment is not certain.

So, we choose to invest in stocks, which we feel are fundamentally good and stay invested in them without any return expectations.

Regards,

Dr Vijay Malik
Research Analyst
SEBI Registration Number: INH100008364
BSE Enlistment Number: 5447

P.S. Please note that the information received through this premium service is for the sole use of the subscriber and is not to be shared with anyone else.