Weekly stock picks: Stock picks of the week: 5 stocks with consistent score improvement and return potential of more than 24% in 1 year
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Synopsis After a very minor correction, both the Nifty and Sensex are moving higher. Also, market breadth is positive on most days, clearly indicating that the bulls are starting to party again. There is a high probability that the market will remain in the hand of the bulls, but, as investors, it is probably time to look at individual stocks and how things are shaping up in the sector they belong to. Our selected stocks for 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. Given the strong positive market breadth and the Nifty and Sensex moving higher, it is clear that the bulls are making a strong comeback. And, given some tailwinds, there is a high probability that they might stay on the street. It would ...