May 08, 2012, 01.12 PM IST

Buy ONGC, Petronet LNG with long term perspective: Sukhani

Sudarshan Sukhani, s2analytics.com is of the view that one can buy Petronet LNG with long term perspective.

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Sudarshan Sukhani, s2analytics.com is of the view that one can buy Petronet LNG with long term perspective.


Sukhani told CNBC-TV18, “Petronet LNG is an excellent stock to own for the long-term investor. These corrections will inevitably come so they are only for traders; they should be worrying for traders and for long-term investor is correction is just that, it will come and go away. One should hold on the stock."


He further added, “Over a period of two years I expect ONGC to distinctly outperform the oil and gas sector. So I would stay with ONGC, it’s an excellent stock to own. We cannot get worried about movements of the market on a short-term when you are a long-term investor because your portfolio contains good quality stocks, stay with ONGC.”


Disclosure: I have no personal holding in the above mentioned stocks.


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