Key Points
While nifty last week witnessed corrective movement, the overall trend is still bullish and so are the risk levels..
In such times, it would be better that while looking at stocks one should also focus on reducing the risk by taking a hard look at some numbers which are critical indicators..
Refinitivs Stock Report Plus which lists stocks with high upside potential over the next 12 months, having an average recommendation rating of hold or buy or "strong buy"...
Every sector has a different operating matrix which has a high correlation with the returns companies in that industry are able to generate..
You might be interested in
Risks taker and wealth creation; 5 mid cap stocks with high ROE &ROCE
02, Jul, 23When the nifty is forming a new high everyday, risks are increasing on the street. In such times, it would be better that while looking at growth stocks one also focuses on reducing the risk by taking a hard look at some numbers which are critical indicators. 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
Top picks of the week: 5 large cap stocks with consistent ROCE and High ROE
03, Apr, 23Every industry has different operating conditions which have high correlation with the kind of ROE companies in the industry generate. The bigger question is how sustainable that number is. Of all the stocks, which our algorithms come up with, we took companies from, FMCG, software, financial services and speciality chemical. ET screener powered by Refinitiv’s Stock Report Plus lists down stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy .
Nifty support at 17600-17500, Bank Nifty support at 41800; Rallis India, Laurus Labs among top stocks to buy
20, Apr, 23The underlying short-term trend of Nifty continues to be choppy and this market action is expected to continue for the short term.