Stocks to watch in 2016

This is a projection of the promising stocks that are likely to give good returns if you decided to invest as the year 2016 proceeds.

Kenya Power and Lighting Company is one promising company that one can invest in. The price of share at the recommendation was 11.40 shillings with a 12-month target of 13.90 shillings. This gives a potential increase of 57.95 percent and therefore, viable and strong to buy.

NIC Bank Limited is another institution with shares worth buying. The price at recommendation was 41.50 shillings with a 12-month target of 44.26 shillings at the current price of 29.50 shillings. This gives a potential increase of 73.76 percent.

Kenya Commercial Bank Group is where you can also consider to trade in their stocks. The price at recommendation was 41.00 shillings with a 12-month target of 56.49 shillings at the current price of 32.75 shillings. This gives a potential increase of 73.40 percent.

The table below shows the recommended shares for 2016