These largecaps have ‘strong buy’ & ‘buy’ recos and upside potential of more than 25%

Synopsis

While Nifty has seen some corrections 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, like new age companies, a fertilizer company which just announced a restructuring and an insurance company which despite all efforts is still not able to get past some selling pressure. 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 4 from more than 25, two months back. A whole
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