Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36%

Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 36%
ETMarkets.com

Synopsis

Close to 5 sessions of correction at the start of new year and then again bulls come back from holidays and take control of the market. For investors who are looking to increase their exposure to stocks, it would be better to focus on fundamentals and if there is any improvement in them that has made the overall score go up in the last one month then have a look at those stocks. These 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.

Early last week, there was a correction in the markets but still the market's breadth was largely positive, indicating that bulls are in no mood to leave the street anytime soon. While the bulls continue to push valuations from fairly valued to overpriced territory, as an investor it would be better to focus on fundamentals and continue to apply more filters while buying stocks. First have a look at what is happening in the underlying business.

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