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    These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 20%, according to analysts

    Synopsis

    There has been an improvement in the underlying sentiment for the midcap as reflected by improvement in the market breadth. Also once again on some trading sessions, mid-caps are once again performing better than large caps. During the next few weeks, market breadth of the midcap segment would be a key indicator to watch. If the breadth remains positive then it would be a bullish indication. 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". This predefined screener is only available to ET Prime users.

    The “risk on trade” which started with the US Fed indicating a pause in the interest rate cycle continues on the street. The mid-cap have been able to once again outperform in the short term. Keep an eye on liquidity as that will determine what happens to mid-cap stocks.In such conditions, market analysts are bullish on a few select mid-cap stocks from different sectors.On the list are select companies from different sectors. Unlike the past,
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    The Economic Times