My Best Pick 2015

Ajay Relan

CX Partners' managing partner feels Careerpoint is back on track with a stronger business model

Published 8 years ago on Jan 09, 2015 5 minutes Read
Vishal Koul

For this year’s edition of My Best Pick, my search for a multi-bagger took me far longer than usual. The reason being that all the stocks that represent the attributes that I find attractive are already priced at stratospheric levels thanks to the rally seen over the past one year. So, this time around, I decided to pick a fallen angel — a company once the darling of the bourses, eventually faltering in its business, leading to its stock price dropping sharply. But now its business model is back on track with improved metrics and, more importantly, the stock is still cheap.