Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 32%
Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 32%
Synopsis
After a phase of correction, where more than index it was the market breadth which witnessed cuts, bulls were once again making their move on the street. Before you once again become bullish, it is extremely important not to forget the fact valuations are still high. In such conditions, for investors who are looking to increase their exposure to stocks, it would be better to focus on fundamentals and if there is any improvement in them which has made the overall score go up in the last one month then have a look at those stocks. These selected stocks depict a strong upward trajectory in their overall average score which is based on five key pillars i.e. 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.
13 mins read, Last Updated: Apr 06, 2024, 12:12:00 PM IST
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