Weekly Top Picks: 6 stocks with consistent score improvement and upside potential of up to 35%
Synopsis
While NIFTY gets into volatile mode once again, there are 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 the border market index gets volatile and market breadth remains weak on a large number of days, fear tends to grip investors. However, a distinction needs to be made between whether macro factors governing the sector and particular company are improving or not. If they are, like in the case of companies in the commercial vehicle space, where semiconductor shortage and supply chain issues have got sorted in the last couple of months then
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