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[hfe_template id='11223'] [ad_1] Synopsis In all market conditions investing in mid-cap stocks is always a challenge for any investor. This challenge gets much bigger when the valuations are extremely high but at the same time the market is in a strong bullish trend. A choice has to be made between taking risk or losing the opportunity of making returns in a short period of time. In such times, it would be better that investors should be cautious in selecting the stocks, better to go with buying in smaller quantities and keep some cash allocated for the stocks, but only to be used on the day when there is absolutely chaos on the street. Why this strategy is likely to work, because it will take care of volatility which is bound to happen when valuations are not on the side of bulls. Refinitiv’s Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". After staying q...

[hfe_template id='11223'] [ad_1] Jun 22, 2024, 12:23:46 PM IST Low PE stocks, often regarded as value stocks, are typically favoured for long-term investments. According to Trendlyne data, Narayana Hrudayalaya, CreditAccess Grameen, and PNB Housing Finance are currently trading at lower PE ratios compared to their respective industry averages. Despite belonging to different sectors, these stocks have the potential to rally by up to 25%, as suggested by Trendlyne data. Here is a list of 8 smallcap stocks from the Nifty Smallcap100 index with below industry PE levels that can rally up to 25%: 2 / 9 NLC India | CMP: Rs 235 Brokers have set an average target price of Rs 259 on NLC India, signalling an upside of 10% from the current market prices. The PE of the stock is at 17.5, while the industry PE is at 33.9. ETMarkets.com 3 / 9 Ircon International | CMP: Rs 276 Brokers have set an average target price of Rs 281 on Ircon International, indicating an upside potential of 2% ...

[hfe_template id='11223'] [ad_1] Synopsis While bulls are back on the street, volatility is also making a comeback. In two trading sessions, the nifty slipped intraday though it was able to recover. The only thing which appears to be a sign of caution is that the mid-cap index and market breadth in that segment is not as bullish as it used to be when the nifty would be witnessing a similar kind of an up move. There is a high probability we might see some profit booking which is rational in nature. 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. While the long term trend stays in favor of bulls, there will be small corrections as we have seen last week. A correction where select stocks witness some decline and other inch...

[hfe_template id='11223'] [ad_1] Synopsis Once again on Wednesday, there was a lesson for all who think that bull markets don't see volatility. All of sudden there was a sharp dip in Nifty and other broader market indices, except bank nifty which was trading in green thanks to the fact its largest constituent HDFC bank was trading in green. When valuations are high, volatility never gives notice before coming so one should always be prepared for it. Another point to be watched, if the frequency of the volatile phase increases and if it starts to happen every other fortnight, it might be an indication of profit booking. There is a possibility that as markets inch higher on index levels, there is some sort of rotational profit booking happening. So, it would be better to stay prepared for volatility. Another reason for staying with large caps is that valuations are high in large part of the mid and small caps and they are the ones which might lose more weight if there...