Do you believe in research reports by Stock Analysts?

Outlook Business published a very good article on stock recommendations and research reports by equity analysts. The article raised an interesting point on how leading research stock advisors misguided investors in the Jet Airways IPO. The article listed 39 stock recommendations by leading research houses where innocent investors suffered heavy losses. It is a must read article for every investor.

How to identify best stock recommendations?

My Advice: Read and Listen their advice. Do your own research before entering into that stock. Retail investor is the last person to hear about their recommendations.

Business Today magazine conducted a poll to select best equity analysts in India. It is somewhat better to believe in their stock picks.

SSKI emerged as the leading stock research house in India followed by Kotak Securities.

Best Equity analysts in India:

1. Sanjeev Prasad – Kotak Securities
Sectors: Media, Oil & Gas, Telecom and Chemicals.

2. Shirish Rane – SSKI Securities
Sectors: Cement, Power, Construction and Real Estate.

3. Jesal Shah – JP Morgan
Sectors: Pharma.
Best analyst in the Pharma sector with 13 years experience.

4. Manish Saxena – Deutsche Securities
Sectors: Capital Goods, Cement and Utilities.

5. Prabhat Awasthi – BRICS Securities
Sectors: Media and Auto.

6. Priyanko Panja – Edelweiss Securities
Sectors: Capital Goods, Construction and Telecom.

7. Rahul Singh – City Investment Research
Sectors: Telecom and Oil & Gas

Please share your opinion on research reports of these stock analysts. Do you invest according to their recommendations?