Weekly Top Picks: 3 stocks with consistent score improvement and upside potential of up to 20 %
Synopsis
As the NIFTY continues its upward journey, bias of the underlying volatility has once again tilted toward bulls. During this period, there are still some pockets where stocks have seen an improvement in their analyst scores. Though on Monday, given the pressure which some large cap IT stocks may witness we might see volatility once again changing the color.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.
As the market breadth turns positive on the majority of the days, hope is probably once again becoming overwhelming sentiment on the street. Especially when all the newsflow around one the largest industrial houses in the country is now receding into the background, fears of any meltdown have come down. While being hopeful is good, being realistic is even better. We might see volatility coming back to the street given the fact that some negative
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