TTKPrestig

Tech Talk: Chart Patterns of Interesting Stocks

We go through the five stocks we discussed last week and Deepak introduces four new stocks in a quick technical take. None of these are large caps, and this video is for education only, not advice.

(7 Min, Video)

Recap

Gravita: Exited with a stop loss hit after the stock went below the 20 day average.

TTKPrestige: Still At All Time Highs

ttkprestigelogo A kitchen appliance company, TTK Prestige seems to be really strong. Despite the broader market having come down 20% or more, this stock is pushing to new highs. I've held the stock, on and off, over the last year or so.

They have very good cash flow. According to an interview with Moneycontrol, the promoter said they will be adding substantial capacity in the next year, just with internally generated money. Low debt in a high interest rate situation is always good.

Third Quarter results were excellent, with their nearly doubling EPS from 13.54 to 25.87. Their TTM EPS is 70, which makes their P/E nearly equal to 30 - a very good price for a company that's just been growing and growing.