These midcap stocks with ‘strong buy’ & ‘buy’ recos can rally over 25%, according to analysts

When valuations are high but sentiments are bullish, it would be better to add the word “ caution” to your portfolio. Now how does one do it ? By putting some quantitative parameters when making a decision to buy a stock. 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 .

Friday’s up move in nifty might make some think that correction is over, but if one looks at the intra day move, the fall from high of the day, where nifty lost half of its gains indicates that possibility of bulls might still face obstacles. In such conditions, it would be better to add the words like portfolio rejig, caution, fundamentals and valuations to one’s thought process while buying stocks. Probably, rejigging the portfolio would be a better option. 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 .

Thursday's daily infection count was the highest in nearly eight months while the seven-day average of daily fatalities has been in double digits for almost 10 days.

Many investors, especially the ones sitting on cash, get confused about what they should do in the market when the nifty starts to rally and is not far from its all time high. Should they – buy or wait for a correction, the answer lies in looking at fundamentals. 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 forming a new high, Nifty has moved into a phase of correction But the market participation continues to rise. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or strong buy . This predefined screener is only available to ET Prime users.

Recency basis, getting impacted by what has happened recently and over relating it with what may happen in near future is something which probably is happening in midcap cap space. 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. 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 .