9 Stocks To Buy For Long Term: Brokerages bullish with up to 52% upside; M&M, L&T, IndiGo on list Brokerages have identified Larsen & Toubro (L&T), HDB Financial, Max Healthcare, Mahindra & Mahindra (M&M), LG Electronics, Bharat Electronics (BEL), JSW Infrastructure, Finolex Cables and IndiGo as top long-term stock picks across infrastructure, financial services, healthcare, automobiles, consumer durables, defence, logistics, and aviation. All nine stocks have been assigned Buy ratings by the brokerages, citing strong earnings visibility, demand recovery, and improving business momentum. Based on current market prices and target prices provided by the brokerages, the potential upside for these stocks ranges up to 52%, making them attractive options for long-term investors seeking steady growth. Goldman Sachs has maintained a Buy rating on Larsen & Toubro, with the stock trading at Rs 3,438.10 and a target price of Rs 4,420, implying an upside of approximately 28.6%. The brokerage noted that while near-term uncertainties may impact revenues, the medium-term growth outlook remains intact. Jefferies has assigned a Buy rating to HDB Financial, with the stock trading at Rs 634.90 and a target price of Rs 900, indicating an upside of about 41.8%. The brokerage expects gradual growth improvement, supported by better collections and easing credit costs. Jefferies remains positive on Max Healthcare, with the stock trading at Rs 964.80 and a target price of Rs 1,320, translating into an upside of around 36.8%. Expansion plans and strong demand outlook continue to support the investment case. Nomura has maintained a Buy rating on Mahindra & Mahindra, with the stock trading at Rs 3,066.10 and a target price of Rs 4,662, implying an upside of about 52.1%.#indigo #mahindra_mahindra #jefferies #larsen_toubro #max_healthcare
