Buy Cheviot
December 31st, 2007
On the short term charts , this company is forming a penant like formation. Short term traders can buy this stock for targets of 350+
Cheviot Company is into the Jute business. Fundamental parameters are very strong for the company with a consistent high dividend payout track record.
Long term investors can buy and hold for a year or two to get good returns. We have heard talks among the various market participants that considering the strong fundamentals, the stock can target anywhere between 600 to 750 in the next 2 years.