✅This 5 stocks gave me +100% profit in 2024
Dec 21, 2024 6:07 am
In 10 days we should be calling 2024 a wrap!
For me, it will be a good year that delivers bumper returns on my capital.
My portfolio return has outperformed the Nigerian stock market by 35% year to date, and here is a summary of 5 of my strategic recommendations that delivered over +100% gains.
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1. UCAP: This stock went from N16-N17 to reach a high of N42 before stock split + bonus.
2. VeritasKap: I bought this insurance stock for 60kobo, it touched N1.36, then rallied higher to N1.70
3. Livestock Feeds; I bought this stock for N1.70, it appreciated to a high of N4.
4. UACN: I entered at N14+ and as I type this, UACN is now N30.
5. WAPCO, I bought for N26-30 and as I type this it's selling for N70.
Let me add extra!
6: Oando; We bought at N11-12, it touched N90.
Another stock is Unilever, with a +87% profit since I took a position around N16.
Let me tell you, this is not a guess work neither is it my first time banking +100% return on Nigerian stocks, I know what works which is what I teach in my Elite Trader Course and YouTube channel; CoachOge
Nigerian stock market no hard, na you no get coach!
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Why did these stocks go up?
They benefited from macro events in Nigeria with improved financials.
Right now, we are already positioned on selected stocks that will fly in the first and second quarters of 2025.
The federal government just presented the 2025 budget and guess what, a lot of money will flow to security, infrastructure, healthcare, education and the agriculture sector.
Have you positioned your investment in these sectors?
Out of the 5 stocks I recommended in 2025, 4 have moved with upside potentials looking good.