5 sectors to go for in next 12 months; avoid junk stocks while looking for value: Prashant Khemka

Prashant Khemka, Founder of White Oak Capital Management, highlights their focus on sectors like healthcare, private sector financials, IT, and consumer goods for alpha generation. He emphasizes cash flow-driven valuation and good governance. Khemka warns against stocks with low PE ratios and weak governance being clubbed as value. He suggests a structural quality bias in their portfolio.