Top 10 Best share to buy for Long Term stocks

10 Best Buy Today for the Long Term Stocks

Do you have important financial goals and dreams for the future? Well, investing in the market can help you achieve that. But let’s be honest: it’s no walk in the park. Markets can be unpredictable and volatile, especially for short-term investments.

But how do you know which long-term stocks to buy? How do you find stocks that resist market swings? Don’t worry, we’ve got your back!

We have compiled a list of the 10 best stocks to buy today for long-term growth. Whether you are an investor or just starting out, our guide will help you make the right investment decision. Let’s dive in!

Best Long Term Stocks to Buy in 2024

1.HDFC Bank

Market Price: ₹ 11,69,000
Dividend yield: 1.23%
Sales Growth: 18.7% (CAGR)
Revenue Growth: 19.9% ​​(CAGR)
A strong player in the retail banking industry, HDFC has a proven track record of delivering excellent financial performance and high profitability.

The company has a diversified credit portfolio, low non-performing asset ratio and solid brand value. So, if you are looking for stable and growing dividend yield and capital appreciation, HDFC Bank is a solid choice.

Also Read: Flipkart Stock Market Status: Dive into Funding and IPO!

2. Hindustan Unilever

Market Price: Rs 6,04,408
Dividend Yield: 1.5%
Sales Growth: 9.8% (CAGR)
Revenue Growth: 12.4% (CAGR)

Looking for durable stocks that offer consistent growth and dividends? Never seen again from Hindustan Unilever! The company boasts of strong management, high return on working capital and a consistent dividend payment policy.

With a strong portfolio of brands, a loyal consumer base and a strong innovation pipeline, Unilever is a good bet.

3.Infosys

Market Price: ₹ 7,6,79,000
Dividend yield: 2.16%
Sales Growth: 10.5% (CAGR)
Revenue Growth: 8.9% (CAGR)

If you want to invest in a company with a global footprint and focus on innovation and research, Infosys is the way to go! Infosys has a healthy balance sheet, high cash flow and a generous dividend payout policy.

In addition, the company is well positioned to take advantage of demand for IT services and digital solutions.

4. Reliance Industries

Market value: 18,40,000 crore
Dividend yield: 0.3%
Sales Growth: 12.3% (CAGR)
Revenue Growth: 10.2% (CAGR)

Reliance is India’s largest conglomerate with various oil and gas, telecom, retail, digital and media businesses. Its strong financial position and consistent dividends make it ideal for long-term investors.

So, if you want to take advantage of the trend of diversification and digitization, choose the best long-term stocks.

5.TCS

Market Price: ₹ 13,97,000
Dividend yield: 1.32%
Sales Growth: 8.7% (CAGR)
Revenue Growth: 9.5% (CAGR)

As India’s largest and most profitable IT services company, TCS has a global presence and a comprehensive portfolio of services. With its loyal customer base and strong balance sheet, it is the best stock to buy for the long term.

Plus, with a generous dividend payout policy, you can rest assured that your investment is safe.

6. Bank IndusInd

Market value: 29 1,29,000 crore
Dividend yield: 0.85%
Sales Growth: 21.2% (CAGR)
Revenue Growth: 23.7% (CAGR)

Looking for a fast growing private bank in India? IndusInd Bank is a name you can trust. With a good financial position and regular dividend payments, they fit the bank’s population segment. Value-oriented and growth-oriented stocks to consider!

7. Deepak Nitrite

Market value: 31.805 million
Dividend yield: 0.3%
Sales Growth: 24.9% (CAGR)
Revenue Growth: 55.6% (CAGR)

The company offers a combination of high profitability, low debt and impressive free cash flow. This is one of the best stocks to buy long term.

So, if you are a long term investor looking for value oriented stocks and diversification, Deepak Nitrite can increase your wealth.

8.Eicher Motors

Market Value: 1,03,851 million
Dividend yield: 0.98%
Sales Growth: 8.1% (CAGR)
Revenue Growth: 9.6% (CAGR)

Eicher Motors is the flagship company of the Eicher Group and has an excellent track record of solid earnings and revenue growth. Focus on brand building, product innovation, network expansion and customer loyalty!

In addition, the company has high earnings, equity and free cash flow – making it one of the best stocks to buy for the long term.

9. ICICI Bank

Market Price: ₹ 6,87,000
Dividend yield: 0.8%
Sales Growth: 15.9% (CAGR)
Revenue Growth: 13.5% (CAGR)

ICICI stock is a good stock to buy for long-term investors who want to take advantage of the growth potential of the Indian banking sector.

The bank has a diversified portfolio, low asset ratio and high return on equity. ICICI shares are valued based on PE, PEG and EV/EBITDA ratios.

10. Asian paint

Market value: 3,11,000 crore
Dividend yield: 0.8%
Sales Growth: 9.1% (CAGR)
Revenue Growth: 14.2% (CAGR)
as India”

As India’s most prominent paint company, Asian Paints has a dominant market share and an extensive distribution network. It could be an excellent choice if you want to put your money in a defensive stock with tremendous value!