Cool stocks to beat the sizzling heat this summer

Even as Johnson Controls-Hitachi, Voltas, Blue Star, Whirlpool recently recorded new 52-week highs

Hamsini Karthik  |  Mumbai 

The past week belonged to consumer durables stocks such as Voltas, Blue Star, Whirlpool of India, Johnson Controls-Hitachi Air Conditioning India and Symphony. These are trading at their all-time highs, and the Street is convinced that there’s more steam left in the rally.    These stocks started gathering momentum in late February, when it became apparent that demonetisation hiccups were perhaps well behind them. But, what has propelled the rally is the onset of summer and, more importantly, the high probability of an extended summer.    The recent shift in ...

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Cool stocks to beat the sizzling heat this summer

Even as Johnson Controls-Hitachi, Voltas, Blue Star, Whirlpool recently recorded new 52-week highs

Even as Johnson Controls-Hitachi, Voltas, Blue Star, Whirlpool recently recorded new 52-week highs The past week belonged to consumer durables stocks such as Voltas, Blue Star, Whirlpool of India, Johnson Controls-Hitachi Air Conditioning India and Symphony. These are trading at their all-time highs, and the Street is convinced that there’s more steam left in the rally.    These stocks started gathering momentum in late February, when it became apparent that demonetisation hiccups were perhaps well behind them. But, what has propelled the rally is the onset of summer and, more importantly, the high probability of an extended summer.    The recent shift in ... image
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