StockTips Announces New Stock Pick: IGC India Globalization Capital, Inc.

StockTips is pleased to announce its new pick IGC, India Globalization Capital, Inc. a solid company with a good background. StockTips is pleased to announce a new buy rating on this excellent company.

Online PR News – 22-April-2014 – Seattle, Washington – "StockTipis is excited to announce their new pick IGC after the success of their previous picks" said a spokes person for United Public Relations a PR company chose to represent the firm.

"We've chosen to release our pick through the Internet via a press release to let the buzz build." said a representative from StockTips.

On April 21, 2014, India Globalization Capital, Inc (NYSE: IGC) was tapped by a leading equity firm. SeeThru Equity announced publically that it was initiating coverage, with a target price of $3.05.

IGC is best known for its plans to diversity into the medical marijuana field, playing into legislative changes that have made this particular product available in a number of states, including Washington, Oregon and California. But IGC has also been working on other innovative, and possibly valuable, projects including solar energy and cleantech. These are considered high-growth markets, and they could make the company quite valuable.

In the past, IGC has focused on iron ore assets located in Mongolia. The company has four mine sites in this country, as well as others located in the region. This large set of iron ore assets provides the company with a good foundation in which to diversify.

In addition, the company has an excellent management team that's lead by Ram Makunda, who has more than a decade of experience in the day-to-day operations involved in the management of a public company. Makunda has also been involved in the acquisition and integration of a number of companies during his career, making him an excellent choice to lead IGC forward as it combines old assets and acquires new ones.

This acknowledgement by a major equity firm makes this particular stock quite appealing, in terms of investment. If the company continues on its upward trajectory and it manages to hit all of its goals with ease, it's reasonable to expect that the value of the company and its associated shares would also rise. For us, this seems to be a good stock to watch, and one to consider carefully.

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