Business News›Markets›Stocks›News›Weekly Top Picks: 5 stocks with consistent score improvement and upside potential of up to 31%
Weekly Top Picks: 5 stocks with consistent score improvement and upside potential of up to 31%
Synopsis
While NIFTY gets into volatile mode and fear of a correction grip the street. There are still some pockets where stocks have seen an improvement in their analyst scores. The 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.
As Adani controversy makes the market volatile and the market breadth turns negative. Fear is overwhelming investors. However, a distinction needs to be made that if one set of stocks comes under pressure that does not mean macro factors governing the other sectors and particular companies are improving or not. If they are improving as is the case as supply chain issues get settled and high commodity prices cool down, then correction probably is
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