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    These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 20%

    Synopsis

    While Nifty might be correcting from its recently formed new highs, the broader market continues in bullish mode making analysts bullish on select large cap stocks. Making to the list are companies from different sectors, right from an insurance provider to banks to new age companies. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

    In every market condition, there are stocks on which analysts are bullish. But when markets are trading with strong bullish bias, some of the stocks which are long term wealth creators tend to move off from the list of algorithm based stock buying lists. The reason, the potential upside in them is less than the algo defined levels. This week, even the overall numbers of stocks have come down to just 13 from more than 25, two months back. A whole
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    The Economic Times