diagnostics sector: Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 39%

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Synopsis

Last week’s movement of the market has brought back some memories of what happened in March 2024. Given the event risk in terms of election results, we might see higher volatility as some profit booking takes place. If one is not a trader and knows how to hedge, it would be better to be cautious before investing. If one is taking fresh exposure to equity, ensure that there is some level of quality as far as the business and fundamentals are concerned. 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.

Last week, bears once again made a comeback, their appearance has become more frequent and it is very likely that we are going to see them more often at least for some time. In such times it would be better for investors to focus on what is happening to the individual stocks they own and how the operating matrix of that sector is shaping up. Avoid taking decisions based on what is happening in nifty as there are high chances that nifty and

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