Three Breakout Stocks to Play India’s Growth Machine

Reclusive millionaire beats Wall Street at its own game Reclusive millionaire beats Wall Street at its own game                                                                                                      [outsider club logo header] Mar 28, 2024 By for the Outsider Club Three Breakout Stocks to Play India’s Growth Machine One of the major investment themes for 2024 is the global decoupling from China.   The idea is that the supply chain debacles of the COVID-19 years coupled with the autocratic hand of President Xi and the ongoing tech feud with the U.S. means that global multinationals are looking for new places to do business.  Places like Thailand, Vietnam, Indonesia, and Mexico have benefited from this factory diaspora. And perhaps the biggest winner is India. India has many positives. They have a middle class that includes roughly 300 million people. They also have the rare benefit of a growing working-age population. In terms of population pyramid India has it going on. Half of Indians are under the age of 25. By 2030 one-fifth of the working-age people in the world, those between 18 and 64, will be Indian. Furthermore, India’s stock market just surpassed Hong Kong as the fourth largest in the world and the latest GDP growth number came in at 7.3%. The economy is booming with strong government and consumer spending as well as a robust service sector. This is despite the central bank hiking interest rates six times since 2022 to slow inflation. The government of Prime Minister Modi is pro-business and has ramped up its spending on infrastructure. Furthermore, foreign businesses are dumping more cash into the country to build factories, especially in tech. Major international banks such as Barclays Plc and Citigroup Inc., have raised their full-year projections on India.  --------------- From Our Trusted Partner --------------- Reclusive millionaire beats Wall Street at its own game I’ve just interviewed a private millionaire who uncovered some strange movements in the market... It’s a market phenomenon that happens every Friday.  One that he’s used week after week to rack up double and triple-digit trades… And considering that his track record boasts an amazing 97% win rate… even in today's market, I’d say it works pretty well Great for him- but what does that mean for YOU? With all the uncertainty and fear flowing through the markets today, he’s finally agreed to open up about this strategy so other regular investors can use it too. Want in on the action?  Consider THIS your personal invitation. [Click here to claim your seat at the table- NOWÂ]( ----------------------------------------------------------------------  The Subcontinent Strikes Back If you are a believer in the India story you might be looking for investments to increase the value of your trading accounts. I haven’t done full due diligence on these stocks but having a nice chart is a good place to start. Here are three Indian stocks that are breaking out:  [Indian Stock article image 1]  The company makes and sells technology-based polymer and composite products in India and internationally. It’s kinda like the Rubbermaid of India. They also make products for industry such as barrels and bins. As the consumer moves up he will buy more stuff. Time Technoplast has a price-to-earnings ratio of 20, and grew earnings by 49% last quarter.  [Indian Stock article image 2]  Torrent Power Limited, is an electric company. The company owns thermal power plants with a generation capacity of 3,092 megawatts; and renewable power plants with a generation capacity of 1,804 megawatts. They have a price-to-earnings growth of 36 and a quarterly revenue growth of -47%.  [Indian Stock article image 3] Triveni Turbine Limited, together with its subsidiaries, engages in the manufacture and supply of power-generating equipment in India. The company offers back-pressure and condensing steam turbines for a range of pressure and flow applications; American Petroleum Institute (API) compliant steam turbines; and sustainable modularly arranged pressure-reducing turbines, as well as spare parts. They have a price-to-earnings ratio of 69 and a quarterly revenue growth of 32.5%.  All the best, Christian DeHaemerSenior Investment Analyst,[Outsider Club]( Follow the Outsiders This email was sent to {EMAIL}. You can manage your subscription and get our privacy policy [here](. Outsider Club, Copyright © Osprey Financial Research LLC, 5004 Honeygo Center Drive Suite 102-202