Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 33% in 1 year
There are market phases when it is important to de-link what is happening to the Nifty and the stocks in your portfolio. Reason: Given their composition, the Nifty and Sensex can be impacted by events in one or two sectors. This time, it is banking stocks and the market’s old bellwether, Reliance Industries, that have taken the Nifty to a new high. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
There are market phases when it is important to de-link what is happening to the Nifty and the stocks in your portfolio. Reason: Given their composition, the Nifty and Sensex can be impacted by events in one or two sectors. This time, it is banking stocks and the market’s old bellwether, Reliance Industries, that have taken the Nifty to a new high. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
What's Your Reaction?
:max_bytes(150000):strip_icc()/GettyImages-2187410260-5afe56694791404f99c253dd8d5abe6a.jpg?#)
