Which stock code is best to invest in 2024? Please refer to the list Potential stocks 2024 in this article with HVA.
List of potential stock codes 2024
According to experts, stocks in the following industry groups are considered to have investment potential in 2024.
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Potential stocks in banking industry
Currently, the banking industry is considered quite attractive in terms of valuation. Many circulars are continuously adjusted to facilitate the development of the industry. Therefore, many experts believe that bank stocks are still one of the codes Potential stocks 2024.
Share | Capitalization | P/E ratio | P/B ratio |
VCB – Vietcombank | 500,782 billion | 14,97 | 3,16 |
BID – BIDV Bank | 267,351 billion | 13,6 | 2,24 |
VPB – VPBank | 154,314 billion | 15,0 | 1,4 |
HDB – HDBank | 60,743 billion | 7,18 | 1,41 |
SSB – SeABank | 57,276 billion | 17,08 | 2,0 |
Potential stock codes in the securities industry
Securities is one of two industry groups that are forecast to have strong growth in the coming time. Below are some codes Potential Cheap Stocks that you can refer to.
Share | Capitalization | P/E ratio | P/B ratio |
SSI | 50,221 billion | 24,02 | 2,21 |
HCM | 11,293 billion | 18,2 | 1,39 |
VCI | 18,243 billion | 45,91 | 2,5 |
VND | 26,548 billion | 22,78 | 1,69 |
MBS | 27,800 billion | 5,64 | 0,91 |
Potential penny stocks 2024 investment group
The disbursement plan in 2024 shows that the disbursement plan in the investment sector increased by 10% compared to the same period last year. The strong development of the investment sector will bring benefits to many sectors.
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Share | Capitalization | P/E ratio | P/B ratio |
HVA | 92.82 | -258.1 | 0.65 |
KSB | 2.231 billion | 24,16 | 1,11 |
VLB | 1.709 billion | 7,92 | 2,77 |
HHV | 6.422 billion | 19,96 | 0,74 |
VCG | 13,121 billion | 75,81 | 1,3 |
Potential stocks in the energy - oil and gas sector
Oil and gas stocks have traditionally been speculative, making it difficult to predict profits. However, oil prices are expected to remain stable at a high level in 2024. Gas fields are currently entering their final stages, so new exploitation needs to be stepped up. Many large projects such as Block B, White Lion (phase 2), Dai Hung (phase 3), White Whale, Golden Camel, etc. are being continuously implemented, with the total expected investment capital in the 2023-2028 period reaching 8 billion USD (double that of the previous period). Below are some codes Potential stocks 2024 in the near future
Share | Capitalization | P/E ratio | P/B ratio |
PLX Code | 44,534 billion | 13,35 | 1,55 |
PVS Code | 17,923 billion | 16,92 | 1,32 |
PVD Code | 15.425 billion | 35,83 | 1,03 |
BSR Code | 57,049 billion | 7,13 | 1,04 |
OIL Code | 10.342 billion | 10,82 | 1.13 |
Potential stocks in the electricity group
For the electricity sector, policies for developing wind and gas power are being promoted, attracting many investment sources. Hydropower and thermal power are gradually reducing their proportions, with the goal of reducing coal power to 20% and increasing the proportion of renewable power (including wind power, gas power and solar power) to 53% in the total power source structure. At the same time, developing the power grid is also one of the key priorities in 2024, with total investment capital increasing significantly compared to the previous period, creating great opportunities for businesses in the electricity sector.
In addition, the trend of green environmental development - a global trend, also opens up prospects for the carbon credit market in Vietnam. The rubber industry, closely related to and directly benefiting from this policy, has the potential to sell carbon credits to other countries. In 2023, the carbon credit market brought in more than 1,000 billion VND.
Share | Capitalization | P/E ratio | P/B ratio |
POW Code | 26,931 billion | 16,9 | 0,8 |
VSH Code | 10.985 billion | 9,57 | 2,17 |
PGV Code | 26,289 billion | 12,7 | 1,53 |
VPD Code | 2.611 billion | 12,7 | 1,58 |
NT2 Code | 7.470 billion | 18,04 | 1,81 |
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Potential stocks 2024 import-export industry
Exports are one of Vietnam's strengths. In the first quarter of 2023, the industry hit bottom and recovered in the following quarters. According to experts, the export industry still has growth potential in 2024, although there is unlikely to be a breakthrough. Notably, in September 2023, Vietnam and the US upgraded their relationship to a comprehensive strategic partnership, opening up great and long-term opportunities for the export industry, helping this industry become a field with great potential in the future.
Share | Capitalization | P/E ratio | P/B ratio |
TNG | 2.270 billion | 9,7 | 1,26 |
FMC | 2.883 billion | 10,54 | 1,33 |
STK | 2.441 billion | 24,29 | 1,53 |
LTG | 2.649 billion | 11,58 | 0,86 |
VSF | 19,750 billion | 3244.97 | 8,12 |
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Guide to finding potential stocks
The criteria for a perfect stock have been determined, but how to find those? Potential stocks 2024? Stay tuned for the most comprehensive and clear overview!
Based on basic criteria
To determine the value of a stock, investors can rely on fundamental analysis criteria, starting with assessing the factors that affect it. stock priceSome important factors include: the company's business situation, financial events, sources of income, dividends, price ratios, balance sheets and financial statements.
Some notable indicators:
- Return on equity (ROE) greater than 15%: This indicates that the stock has a high profit margin.
- Debt to equity ratio less than 0.5: When this ratio is within the limit, it means that the company does not depend too much on external loans.
- Liquidity ratio greater than 2: This ensures that the company is able to pay its short-term obligations.
Additionally, two other important factors that investors need to pay attention to are the price-to-earnings (P/E) ratio and earnings per share (EPS):
- The P/E ratio tells investors how much money they have to spend to generate one dollar of earnings. The P/E helps compare the value of stocks in the same industry and forecasts the price trend of a stock relative to the average.
- The EPS ratio is calculated by dividing the earnings per share by the current stock price. When the EPS is higher, the stock price is likely to be low, indicating growth potential.
Based on technical analysis
Based on technical analysis, combining price charts with technical indicators, investors can determine future stock price trends. Some important technical indicators that investors need to pay attention to include.
- Moving Average (MA)
- Relative Strength Index (RSI)
- Moving Average Convergence Divergence (MACD) Indicator
- Bollinger Bands or Fibonacci
Here is the list Potential stocks 2024 divided into industry groups HVA Group has been compiled. However, the market always has hidden surprises, so don't forget to visit HVA every day to update the latest information!