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Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%
The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief travels faster than it does for many manufacturing businesses. Lower crude reduces pressure on inflation, inflation relief reduces pressure on bond yields, and softer yields reduce the cost of money. For NBFCs, which depend more on market borrowing than banks, that chain matters directly. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief travels faster than it does for many manufacturing businesses. Lower crude reduces pressure on inflation, inflation relief reduces pressure on bond yields, and softer yields reduce the cost of money. For NBFCs, which depend more on market borrowing than banks, that chain matters directly. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components – earnings, fundamentals, relative valuation, risk, and price momentum – to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
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