Stock picks of the week: Stock picks of the week: 5 stocks with consistent score improvement and an upside potential of up to 40%
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Synopsis While it makes sense to wait for the storm to blow over, you cannot wait forever for perfect conditions to put money in the market. For, by the time perfect conditions arrive, stock prices may have moved up sharply. So, you have to take a risk. The trouble with taking a risk at this juncture is that it is not domestic but global factors that are creating uncertainty. And no one knows when and how they will resolve themselves. Our selected stocks today depict a strong upward trajectory in their overall average score, which is based on five key pillars – 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. More than the absolute level of gains which the Nifty and Sensex notched up this week, it was the market breadth which was the standout feature. It was not only positive, but positive by a big margin. Given...