Bears don't give notice before coming! 7 largecap stocks from different sector with right mix of RoE & RoCE

Bears don't give notice before coming! 7 largecap stocks from different sector with right mix of RoE & RoCE
iStock

Synopsis

Never fight liquidity but never ignore valuation. Given that valuations are not very cheap, any disappointment on any front, be it decline in the foreign flows or any domestic development increases the chances of sharp correction across the market. If one is looking to invest in equity, it would be better to have exposure to largecaps and have more checks and balances while picking the stocks. ET screener powered by Refinitiv’s Stock Report Plus lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “hold” or a “buy” or a "strong buy".

While bulls do give some sort of notice before they take control of the street, bears don't. They just come out of hibernation and take everyone by surprise. With earnings season close to getting kicked off and valuation still on the higher side and event risk like state elections coming closer in such conditions, it is better to stick with large caps which have a proven track record in terms of weathering a bearish strom. Some check in terms of
( Originally published on Oct 01, 2023 )

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