Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 33%

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Key Points

Even at the time of volatility movement with slightly more bearish bias which the nifty and broader market has witnessed in the last four weeks, some stocks have witnessed consistent improvement in their scores, which makes it worth looking at them..

The stocks from sectors like power distribution, tech based marketplace, have come to the list..

But this time there is a difference, a number of these stocks where the score has improved the recommendation has stayed as hold..

As recently as October 2021, small and midcap stocks saw a change from bullish to bearish and these segments remained under pressure till April 2023..

At this point of time we are in volatile markets, is this volatility which broader market indices like Nifty and Sensex have witnessed..

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Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 27%

01, Aug, 23

Except for the last one week in which nifty witnessed some cuts which can be called as consolidation, nifty and sensex have been moving higher for the last one month. During this period, some stocks have witnessed consistent improvement in their scores. The 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.

Stock picks of the week: 3 stocks with consistent score improvement and upside potential of up to 25%

31, Dec, 23

At a time when everything on the street appears good and green, there is a case of being selective. The reason, if it is in a raging bull market, the street never stays in this all good and green mode forever.when the street starts to become selective, it is stocks where there are some improvement in the business operating matrix tend to weather the storm better. So as an investor, one needs to look at every sector and company and their operating and valuation matrix separately. 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.

Stock picks of the week: 4 stocks with consistent score improvement and upside potential of up to 33%

17, Mar, 24

Besides the hit which nifty and sensex have taken, what is more important is that there are more declines than advances and that is largely due to market breadth in the mid-cap segment. This is indicative of continued profit booking happening at the broader market level. At this point of time, one cannot rule out more profit booking which can bring more damage to stock prices in the mid-cap segment. In such times, 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.