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    These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts

    Synopsis

    The strength of the ongoing rally in the market is clear from the fact that on days when the nifty is sliping southward, the nifty mid-cap index makes an attempt to move into green territory. A number of times is successful also. 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.

    In the Q4 earning season the reaction of the street was extremely stock specific. But it was still largely bullish to any positive earning surprise. On the negative side, the reaction was short lived. One reason for this could be that just before the Q4 results were getting announced, a large number of mid-cap stocks had seen a run up. Now if there was a slight bit of disappointment, short term selling appears on these counters, however that dip
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    The Economic Times