There are some stocks for long-term investment, some stocks are performing consistently, and others are trending down in the medium to long term. I asked ChatGPT to provide me with a list of “best stocks for long term investment” in India. At first, this AI bot asked me to contact my financial advisor, but then he got fed up and gave me a list of 15 stocks. This article lists the best stocks for long term investment according to ChatGPT. We also provide screenshots of ChatGPT’s recommended stocks list, as many readers may post that ChatGPT never responds stocks list.
Also read: Best Mutual Fund by Google AI Bard
What are your stock questions for ChatGPT?
I opened ChatGPT and asked a simple question: “What are the best stocks for long term investment in India?” And the response from ChatGPT.
As an AI language model, we can provide general guidance, but investing in stocks is risky, so do thorough research and consider expert advice before making an investment decision. Note that is important. Stocks perform differently, and it’s important to have a diversified portfolio based on your risk tolerance, financial goals, and investment horizon.
Best stocks for long term investment by ChatGPT
ChatGPT went on to say, “Having said that, we highlight some sectors in India that show long-term growth potential.” We have also listed some stocks in each such sector.
#1 – Information Technology: Indian IT companies have a strong global presence and are performing well. Prominent companies include Tata Consultancy Services (TCS), Infosys and Wipro.
#2 – Banking and Financial Services: The Indian banking sector is growing steadily. Large banks such as HDFC Bank, ICICI Bank and Kotak Mahindra Bank are considered solid long-term investment options.
#3 – Consumer Goods: Companies in the consumer goods sector have benefited from the rise of the middle class and rising consumer spending in India. Prominent companies in this field include Hindustan Unilever, ITC Ltd and Britannia Industries.
#4 – Pharmaceuticals: India’s pharmaceutical industry continues to grow due in part to rising global demand for generic drugs. Companies such as Sun Pharmaceutical Industries, Dr. Reddy’s Laboratories and Cipla are worth considering.
#5 – Renewable Energy: India’s renewable energy sector is experiencing significant growth as the world turns to sustainable energy sources. Companies such as Tata Power Renewable Energy, Adani Green Energy and Suzlon Energy are among the major players in this sector.
For those of you who posted my question on ChagGPT, here’s a screenshot of the answer.
List of stocks ChatGPT recommends for long-term investment in India
Now let’s take a look at what these companies do and their stock price performance over the past 1-5 years.
#1 – TCS
Tata Consultancy Services is India’s largest IT/technology services company. TCS is part of the Tata Group and operates from his 150+ locations in 46 countries. Today, TCS has over 600,000 employees worldwide.
Stock price increase rate (annualized return)
Last 5 years – 14%
Last 3 years – 19%
Last year – 2%
#2 – Infosys
Infosys Limited provides consulting, technology, outsourcing and next generation digital services. The company is his second largest information technology company in India after TCS.
Stock price increase rate (annualized return)
Last 5 years – 17%
Last 3 years – 23%
Last year – minus 10%
#3 – Wipro
Wipro Ltd is a global information technology, consulting and business process services (BPS) company.
The company is India’s fourth largest IT and technology company with a global presence behind TCS, Infosys and HCL Technologies.
Stock price increase rate (annualized return)
Last 5 years – 15%
Last 3 years – 26%
Last year – minus 14%
#4 – HDFC Bank
HDFC Bank Limited is the largest private bank. Currently engaged in the provision of a wide range of banking and financial services, including retail banking, wholesale banking and treasury operations.
Stock price increase rate (annualized return)
Last 5 years – 10%
Last 3 years – 22%
Last year – 16%
#5 – ICICI Bank
ICICI Bank is India’s leading private sector bank, offering a diversified portfolio of financial products and services to retail, SME and corporate clients. ICICI Bank has a large network of bank branches, ATMs and other touchpoints.
Stock price increase rate (annualized return)
Last 5 years – 26%
Last 3 years – 44%
Last year – 28%
#6 – Kotak Bank
Kotak Mahindra Bank has a diversified portfolio of banking and financial services including retail banking, investment banking, treasury and corporate banking, equity brokerage, vehicle finance, advisory services, AMC, life and non-life insurance.
Stock price increase rate (annualized return)
Last 5 years – 8%
Last 3 years – 17%
Last year – zero
#7 – Hull
Hindustan Unilever Limited is a leading fast-moving consumer goods company in India, primarily working in the fields of home care, beauty and personal care, food and refreshments. The company has manufacturing facilities across the country and operates primarily in India.
Stock price increase rate (annualized return)
Last 5 years – 14%
Last 3 years – 10%
Last year – 11%
#8 – ITCs
ITC Limited is India’s largest tobacco manufacturer and distributor. It currently operates in five segments: cigarettes, FMCG, hotels, paperboard, paper and packaging, and agribusiness.
Stock price increase rate (annualized return)
Last 5 years – 10%
Last 3 years – 32%
Last year – 65%
#9 – Britannia Industries
Britannia Industries Limited is one of the leading food companies with 100 years of tradition in India. The company is one of the most trusted food brands and produces popular brands such as Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold which are well known in India.
Stock price increase rate (annualized return)
Last 5 years – 10%
Last 3 years – 13%
Last year – 29%
#10 – Sun Pharma
Sun Pharmaceutical Ltd is a leading pharmaceutical company in India. The company is engaged in the manufacturing, development and marketing of a wide range of branded and generic formulations and active pharmaceutical ingredients (APIs).
Stock price increase rate (annualized return)
Last 5 years – 14%
Last 3 years – 29%
Last year – 7%
#11 – Dr. Redis
Dr. Reddy’s Laboratories Limited is one of India’s leading pharmaceutical companies. We offer a portfolio of products and services including APIs, CPSs, generics, biosimilars and differentiated formulations.
Stock price increase rate (annualized return)
Last 5 years – 18%
Last 3 years – 5%
Last year – 3%
#12 – Cipla
Cipla is India’s third largest pharmaceutical company. It is a leader in therapeutic areas such as respiratory and urology. Cipla also ranks in the top two overall chronic business. He also remains the third largest player in the South African civilian market with a market share of 7.5%.
Stock price increase rate (annualized return)
Last 5 years – 12%
Last 3 years – 15%
Last year – minus 1%
#13 – Tata Power
Tata Power Company Limited is a leading power generation company in India. Its business is primarily engaged in the generation, transmission and distribution of electricity. It aims to produce electricity entirely from renewable sources.
Stock price increase rate (annualized return)
Last 5 years – 21%
Last 3 years – 81%
Last year – minus 5%
Also read: List of mutual funds recommended by ChatGPT AI
#14 – Adani Green
Adani Green Energy Limited, established in 2015, is the holding company of the Adani Group. It is mainly involved in renewable energy generation and other ancillary activities.
Stock price increase rate (annualized return)
Last 5 years – NA
Last 3 years – 58%
Last year – minus 55%
#15 – Suzuron
Suzlon Energy Limited is primarily engaged in the manufacturing of wind turbine generators of various capacities and related components in India.
Stock price increase rate (annualized return)
Last 5 years – 3%
Last 3 years – 57%
Last year – 42%
What you get from ChatGPT’s long-term recommendations
#1 – These stocks are not multibagger stocks that will double your money in 3 or 5 years. Stock price increased tenfold in five years. Over the past five years, returns have fluctuated between 3% and 26% annually.
#2 – None of these stocks produced negative returns
#3 – Three stocks have delivered negative returns in the past year.
Should I invest in ChatGPT recommended stocks for long term investment?
The answer is not easy. When choosing an investment option, you should consider your risk tolerance, financial goals and time horizon for your investment.
If you are a high-risk investor and investing in stocks aligns with your financial goals, you can consider it as a first step in filtering stocks. We then take the next step of filtering based on company financials, future growth prospects, and consider companies with low P/E ratios.
Disclaimer: At the time of writing this article, we have not invested in any of the above stocks, but we may invest in them in the future. Investing in stocks is risky and may result in loss of principal. Please consult your financial advisor before investing in such stocks.
Did you like our tips and analysis? Then share it on Facebook, Twitter, Telegram and other social media so your friends might find it useful too.
