10 Best Stocks to invest for long term (as per Google AI Bard) - Myinvestmentideas.com
Stock market investment has both Fun and frustration (F2). When the stock market has reached its peak, there are several blue chip stocks that are still underperforming. Several companies which were champions once are still lagging to catch-up. I asked a question to Google AI Bard about the stocks that can be invested for long term and it responded fast. In this article we would list Best Stocks to invest for long term as per Google AI Bard. I would also provide Google Bard's recommended stocks list screen shot for reference to avoid any criticism.
Also Read: Can we make ONE CRORE with Rs 5,000 per month SIP in mutual funds?
What's my question to Google AI Bard on stocks?
I opened a Google Bard website and asked a simple question "List down 10 Best stocks for long term investment in India". Here is the response from Bard.
10 Best Stocks to invest for long term as per Google AI Bard
Here is the list of stocks recommended by Google Bard AI.
#1 – Reliance Industries Limited
#2 – Tata Consultancy Services
#3 – Infosys
#4 – HDFC Bank
#5 – Hindustan Unilever
#6 – ITC
#7 – Bajaj Finance
#8 – L&T
#9 – Adani Enterprises
#10 – Sun Pharma
Here is the screenshots taken from Google AI Bard (click image to expand)
List of Stocks Recommended by Google AI Bard – About company & share price performance
Let's get into more info about what company does and how the share price performed in the last 1 year to 10 years (annualised returns).
#1 – Reliance Industries Limited
Reliance Industries Limited, or Reliance, is a prominent Indian conglomerate with diverse businesses. Founded in 1966, it has become a major player in energy, petrochemicals, refining, telecommunications, and retail. Known for innovation and strategic investments, Reliance has expanded its operations and contributed to India's digital transformation. It is recognized for its leadership and entrepreneurial spirit, shaping India's economic landscape.
Share Price Performance (Annualised Returns)
Last 1 year – minus 5%
Last 3 years – 17%
Last 5 years – 20%
Last 10 years – 20%
#2 – Tata Consultancy Services
Tata Consultancy Services (TCS) is a renowned global IT services and consulting company based in India. With a focus on innovation and expertise, TCS offers a wide range of services, including software development and consulting. Known for its customer satisfaction and skilled workforce, TCS plays a significant role in shaping the future of the IT industry through digital transformation and cutting-edge technologies.
Share Price Performance (Annualised Returns)
Last 1 year – 1%
Last 3 years – 17%
Last 5 years – 13%
Last 10 years – 16%
#3 – Infosys
Infosys is a renowned global IT consulting and services company headquartered in India. With a strong emphasis on quality and innovation, Infosys provides a wide range of services, including software development and system integration. Known for its skilled workforce and commitment to technological advancements, Infosys remains a leading player in the industry, delivering innovative solutions to clients worldwide.
Share Price Performance (Annualised Returns)
Last 1 year – 1%
Last 3 years – 17%
Last 5 years – 13%
Last 10 years – 16%
#4 – HDFC Bank
HDFC Bank is one of India's largest private sector banks, known for its strong presence and reliable banking services. With a customer-centric approach, HDFC Bank offers a wide range of financial products and services, including personal banking, corporate banking, and wealth management. The bank's commitment to technology and innovation has enabled it to provide convenient and secure digital banking solutions to its customers, making HDFC Bank a trusted institution in the Indian banking sector.
Share Price Performance (Annualised Returns)
Last 1 year – 21%
Last 3 years – 17%
Last 5 years – 10%
Last 10 years – 17%
#5 – Hindustan Unilever
Hindustan Unilever Limited (HUL) is a leading consumer goods company in India, specializing in a wide range of products including food, beverages, personal care, and home care. With a rich history dating back over 80 years, HUL has established itself as a trusted household name in India. The company is known for its strong brand portfolio, commitment to sustainability, and focus on innovation, consistently delivering quality products that cater to the diverse needs of Indian consumers.
Share Price Performance (Annualised Returns)
Last 1 year – 22%
Last 3 years – 8%
Last 5 years – 11%
Last 10 years – 16%
You may like: Google Bard recommended Mutual Funds List
#6 – ITC
ITC Limited is a diversified Indian conglomerate with a significant presence in multiple industries. With a focus on sectors such as fast-moving consumer goods (FMCG), hospitality, paperboards, and packaging, ITC has established itself as a leading player in the Indian market. The company is renowned for its commitment to sustainability, innovation, and high-quality products, making it a trusted brand among consumers in India and abroad.
Share Price Performance (Annualised Returns)
Last 1 year – 68%
Last 3 years – 32%
Last 5 years – 11%
Last 10 years – 7%
#7 – Bajaj Finance
Bajaj Finance is a prominent non-banking financial company (NBFC) in India, offering a wide range of financial services. With a focus on consumer finance, the company provides loans, insurance, and wealth management solutions to individuals and businesses. Bajaj Finance is recognized for its customer-centric approach, quick loan disbursal, and competitive interest rates, making it a preferred choice for many seeking financial assistance.
Share Price Performance (Annualised Returns)
Last 1 year – 34%
Last 3 years – 43%
Last 5 years – 26%
Last 10 years – 48%
#8 – L&T
Larsen & Toubro Limited (L&T) is a renowned Indian multinational conglomerate with a diverse presence across various sectors. The company operates in engineering, construction, manufacturing, technology, and financial services. With a strong emphasis on innovation, quality, and timely execution, L&T has established itself as a leader in engineering and construction projects, contributing significantly to India's infrastructure development.
Share Price Performance (Annualised Returns)
Last 1 year – 54%
Last 3 years – 36%
Last 5 years – 12%
Last 10 years – 14%
#9 – Adani Enterprises
Adani Enterprises is a prominent Indian multinational conglomerate with a diverse business portfolio. The company operates in sectors such as energy, logistics, agribusiness, and infrastructure. Adani Enterprises is known for its strong focus on sustainability and its significant contributions to India's energy infrastructure, making it a key player in the country's economic growth.
Share Price Performance (Annualised Returns)
Last 1 year – 18%
Last 3 years – 152%
Last 5 years – 90%
Last 10 years – 44%
#10 – Sun Pharma
Sun Pharmais a leading multinational pharmaceutical company in India. It is recognized for its extensive range of high-quality generic and specialty pharmaceutical products. Sun Pharma's commitment to research and development, along with its global presence, has enabled it to deliver innovative healthcare solutions and make a positive impact on patients' lives worldwide.
Share Price Performance (Annualised Returns)
Last 1 year – 19%
Last 3 years – 27%
Last 5 years – 12%
Last 10 years – 8%
Take Away's Google AI Bard's recommended Stocks for long term
#1 – Most of them are large cap stocks.
#2 – While in the short term some of them generated negative returns or low returns, none of them generated any negative returns in medium to long term.
#3 – Some stocks generated below FD returns in the short term to long term.
Also Read: Best Stocks to invest for long term as per ChatGPT
Should you invest in Google AI Bard recommended stocks for long term?
Like I indicated in an earlier article on the ChatGPT Recommended Stocks List, the answer is not straight forward. Investors should take risk tolerance, financial goals and tenure of investment while investing in stocks.
First step is to consider these stocks. Second step is to check financials future growth prospects and low P/E ratio stocks and then invest.
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