metal stocks: Higher probability of re-rating and relative outperformance in volatile markets: 5 metal stocks with upside potential of up to 37%

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Synopsis

Whether one likes it or not, the fact is that sectoral trends dominate the market move and sectoral rotation does take place. But if one looks at sectoral rotation, most of the time there is an underlying fundamental reason why sectoral rotation takes place. If one looks at the performance of the metal sector stocks in the last few months, there are indications that some amount of money is flowing back to the sector. Even in the last four trading sessions which were very volatile, it has been metal stocks, which have shown relative strength. It is probably because of two reasons, first the fact that After the IT sector companies, metal is another sector where the fortunes of Indian companies are more tied to what is happening globally rather than what is happening in India. Second, recovery in China seems to be gathering pace and the fact is, there are some filing which one can see on stock exchanges, around increase in prices by some companies. It would be better to have them on watchlist because they have shown a tendency to see sharp spikes even before the news comes.

The chance of going wrong is always present but there has to be a reason for buying a stock or taking exposure to a sector, it could be domestic or international. Knowing the reason why one is buying a stock helps in two things, sticking with the stocks when the market turns volatile and overcoming the short term fears. Also when it comes to booking profit when the reason for which the stock was bought gets over then it is the only time to book

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