What Makes These 5 Stocks Great Long Term Investment Bets?

Stock markets dipped a little bit this week, with PSU Banking stocks once again coming in for severe hammering, following poor results from the sector.The results season is almost over and many stocks have remained laggards. However, there are stocks that are still great picks. Here are some of these, that could give investors decent returns. The bank reported an excellent set of numbers with non performing assets falling. Asset quality improved with gross non-performing assets falling 12 basis points to 3.44 percent and net NPA declining 6 bps to 2.35 percent.This is excellent considering the present state in the banking sector. Its impossible to find a private sector bank trading at a p/e of just 5 times and 0.6 times book value. Great pick for long term investors. Eros is a leading producer and distributor of films. Over the years it has produced some of the finest movies including Shaan, 3 idiots, Tanu Weds Manu, Bajrangi Bhaijaan and a list that looks solid.The stock has fallen from levels of Rs 600 to Rs 180. The stock is highly undervalued given the solid movie title rights it holds and the potential for its subsidiary Eros Now.In fact, Eros Now has expanded its digital presence with the launch of on-demand entertainment platform which has a selection of over 1,000 movies, over 6,500 music videos, over 6,000 TV episodes and over 80,000 audio tracks available. At a p/e of just 15 times, the Eros Stock is a great buy. State Bank has fallen from levels of Rs 320 to the current levels of Rs 175. At the current levels the risk of the stock falling further is almost negligible.The bank has yet to declare its quarterly numbers, but, the expectations are that the worse could be behind for the banking sector. A good stock, if you have a 1-year perspective. At Rs 90, NMDC gives you a dividend yield of as much as 10 per cent tax free. The stock is trading at a p/e of just 7 times. We believe that at some stage commodity prices will rally and you would not get the stock so cheap.Just imagine if you place Rs 10,000, you get Rs 1000 back by way of tax free dividends. Even banks do not give you this kind of returns on deposits. HCG runs the world class Cancer hospitals across the country. The stock was offered to shareholders at an IPO of Rs 220. At the current price the stock of Rs 180, you are getting the stock at a significant discount to the IPO price.India has seriously under penetrated market when it comes to healthcare. It is also repaying debt back through IPO proceeds, which should boost cashflows. This makes the stock a good bet at the current levels as and when its expansion plans fructify.