Management ability: 2 words that suggest long-term investment. 5 large-caps from different sectors with upside potential of up to 27%

Not everyone can take advantage of every business opportunity. Let’s put this statement in perspective. Many sectors have been opened up in the 34 years since liberalization began in 1991. This period has seen many companies get into different sectors. How many of them have grown? How many crashed and burned? The difference between the two outcomes can be traced to one factor: Management competence. And when we say competence, it encompasses everything: The ability to spot an opportunity, being greedy at the right time, using capital in the right way, and probably also being fearful when required. And this competence is more likely to be seen in large-cap companies that have weathered many storms.